Energy News / Shareholders Foundation, Inc.

OTC:MBNKF Investor Alert: Deadline in Lawsuit Against Metro Bank PLC on July 29 Coming Up

Via: ReleaseWire

Updated 11:15 AM CDT, Mon, July 29,2019

A Deadline is coming up on July 29, 2019in the lawsuit for certain investors in Metro Bank PLC (OTC: MBNKF) and OTC: MBNKF stockholders should contact the Shareholders Foundation.

San Diego, CA -- (SBWIRE) -- 07/29/2019 -- The Shareholders Foundation announces that a deadline is coming up on July 29, 2019 in the lawsuit filed for certain investors of Metro Bank PLC (OTC: MBNKF) over alleged securities laws violations by Metro Bank PLC.

Investors who purchased shares of Metro Bank PLC (OTC: MBNKF) have certain options and there are strict and short deadlines running. Deadline: July 29, 2019. OTC: MBNKF stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The plaintiff alleges on behalf of purchasers of Metro Bank PLC (OTC: MBNKF) common shares between March 6, 2018 through May 1, 2019, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between March 6, 2018 through May 1, 2019, the defendants made false and/or misleading statements and/or failed to disclose that Metro Bank misclassified the risk terms of many of its loans, that accordingly, Metro Bank failed to maintain sufficient capital, that this conduct would lead to investigations by the Prudential Regulation Authority and Financial Conduct Authority, that this conduct would also lead to the reduction of deposits at Metro Bank from larger commercial and partnership clients, and that as a result, defendants' public statements were materially false and/or misleading at all relevant times.

Those who purchased shares of Metro Bank PLC (OTC: MBNKF) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

For more information on this press release visit:
http://www.sbwire.com/press-releases/otcmbnkf-investor-alert-deadline-in-lawsuit-against-metro-bank-plc-on-july-29-coming-up-1250650.htm

Media Relations Contact
Michael Daniels
1-858-779-1554
Email: Click to Email Michael Daniels
Web: http://www.ShareholdersFoundation.com