SHAREHOLDER ALERT: Brodsky & Smith, LLC Encourages Investors Who Have Losses In Excess of $100,000 From Investment In Genworth Financial, Inc. To Contact Brodsky & Smith, LLC Before The October 20, 2014 Lead Plaintiff Deadline In Class Action Lawsuit

BALA CYNWYD, Pa., Sept. 30, 2014 /PRNewswire/ -- Law Office of Brodsky & Smith, LLC announces that a class action lawsuit has been commenced in the United States District Court for the Southern District of New York on behalf of purchasers of Genworth Financial, Inc. ("Genworth" or the "Company") (GNW) securities during the period between December 4, 2013 through July 29, 2014, inclusive (the "Class Period").

Click here to learn more about the http://brodsky-smith.com/828-gnw-genworth-financial-inc.html, or call: 877-534-2590. There is no cost or obligation to you.

The complaint accuses the defendants of violations of the Securities Exchange Act of 1934 by virtue of the defendants' failure to disclose during the Class Period that the Company's long term care insurance ("LTC") claims were increasing in number and size and that the Company would have to increase its reserves to meet these claims.

According to the complaint, following the Company's July 29, 2014 announcement that its LTC insurance division suffered from higher losses than the prior quarter due to the increased number and size of LTC insurance claims and that the Company was conducting a comprehensive review of the adequacy of its claim reserves, the value of Genworth shares declined significantly.

If you have suffered a loss from investment in Genworth securities purchased on or after December 4, and would like to learn more about the litigation, without cost or obligation to you, please visit our website at http://brodsky-smith.com/828-gnw-genworth-financial-inc.html. You may also request more information by contacting Brodsky-Smith by telephone at (877)534-2590. 

Brodsky & Smith, LLC is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and case action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome. Brodsky & Smith, LLC may not have filed a complaint.

SOURCE Brodsky & Smith, LLC

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