Manulife Financial Corp. Investigated by Block & Leviton LLP for Securities Fraud Following Publication of Report By Muddy Waters Research
BOSTON, Oct. 4, 2018 /PRNewswire/ -- Block & Leviton LLP (www.blockesq.com), a securities litigation firm representing investors nationwide, is investigating Manulife Financial Corp. (NYSE: MFC) and certain of its executives following the publication of a research report by Muddy Waters Research.
The report alleges that Manulife has an undisclosed litigation risk that its own expert says "could significantly damage its earning, capital, creditworthiness, business, and solvency." The report concludes that Manulife's own expert witness concluded that "Manulife is effectively on trial for its life." Manulife shares were down following the publication of the report.
If you have purchased or otherwise acquired Manulife securities and have questions about your legal rights, or possess information relevant to this investigation, you are encouraged to contact attorneys John DeFelice or Jake Walker at (888) 868-2385, by email at [email protected] or [email protected], or by visiting http://shareholder.law/manulife.
Block & Leviton LLP was recently ranked 4th among securities litigation firms by ISS for recoveries in 2017. The firm represents many of the nation's largest institutional investors and numerous individual investors in securities litigation throughout the country. Indeed, its lawyers have recovered billions of dollars for its clients.
This notice may constitute attorney advertising.
CONTACT:
BLOCK & LEVITON LLP
John DeFelice
(617) 398-5600 phone
155 Federal Street, Suite 400
Boston, MA 02110
[email protected]
SOURCE Block & Leviton LLP
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