Thieler Law Corp advises investors with losses exceeding $100,000 of the April 6, 2018 lead plaintiff deadline in a class action lawsuit filed against Metlife Inc (NYSE: MET) (“MetLife” or “the Company”). The suit is pending in the U.S. District Court for the Eastern District of New York and investors, who purchased MetLife Inc securities between February 27, 2013, and January 29, 2018, have until April 6, 2018 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased MetLife Inc securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 377 - 4324 or emailing mail@thielerlaw.com . No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class.

The complaint alleges that during the Class Period defendants made false and misleading statements and/or allegedly failed to disclose that MetLife's practices and procedures used to estimate its reserves set aside for annuity and pension payments were inadequate; MetLife had inadequate internal controls over financial reporting; and as a result, defendants' statements about MetLife's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

On January 29, 2018, the Company revealed it had postponed its earnings report and conference call related to its results for the fourth quarter and full year ended December 31, 2017. MetLife stated “material weakness” in its financial reporting. In addition, MetLife advised investors it expects to increase reserves in total between $525 and $575 million on a pre-tax basis to cover certain annuity recipients “who have been unresponsive or missing over time.”

On this news, NYSE: MET fell almost 9% on January 30, 2018, thereby injuring investors.

If you were negatively impacted by your investment in MetLife Inc securities between February 27, 2013, and January 29, 2018 and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation.

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