Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of Metro Bank PLC (OTC: MBNKF) violated securities laws in connection with certain financial statements.

The investigation seeks to discover if possible claims on behalf of purchasers of the securities of Metro Bank PLC (OTC: MBNKF) concerning whether a series of statements by Metro Bank PLC regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

On May 1, 2019, the Company revealed an accounting error in January 2019, resulted in “adverse sentiment” towards the Company amongst its customers. This error led to the Company losing a “small number of large commercial and partnership customers.” The loss of these customers resulted in a drop in profits for the first quarter of 2019.

Following this news, OTC: MBNKF fell over 16% on May 2, 2019.

Based in London, the United Kingdom, and founded in 2007 Metro Bank PLC provides retail and commercial banking services in the United Kingdom.

If you purchased shares of Metro Bank PLC (OTC: MBNKF) on or before May 1, 2019, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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