BENSALEM, Pa.–(BUSINESS WIRE)–lt;a href=”https://twitter.com/search?q=%24MBNKF&src=ctag” target=”_blank”gt;$MBNKFlt;/agt; lt;a href=”https://twitter.com/hashtag/classaction?src=hash” target=”_blank”gt;#classactionlt;/agt;–Law Offices of Howard G. Smith announces an investigation on behalf of
Metro Bank PLC (“Metro Bank” or the “Company”) (OTC: MBNKF)
investors concerning the Company and its officers’ possible violations
of federal securities laws.
On May 1, 2019, Metro Bank announced that it lost some large commercial
and partnership customers following a disclosure earlier in the year of
an accounting error in the Company’s risk-weighted assets, as well as
adjustments made for the Company’s full year 2018 results.
On this news, the Company’s share price fell $1.69 per share, or over
16%, to close at $8.76 on May 2, 2019, thereby injuring investors.
If you purchased Metro Bank securities, have information or would like
to learn more about these claims, or have any questions concerning this
announcement or your rights or interests with respect to these matters,
please contact Howard G. Smith, Esquire, of Law Offices of Howard G.
Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by
telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to [email protected],
or visit our website at www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
Contacts
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
888-638-4847
[email protected]
www.howardsmithlaw.com
