CITY OF WARREN POLICE AND FIRE RETIREMENT SYSTEM v. PRUDENTIAL FINANCIAL, INC. et al
Case Number:
2:19-cv-20839
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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May 10, 2024
Prudential Investor Attys Seek $9M Fees For Settlement
Attorneys representing investors in a settlement with Prudential Financial Inc. over claims that the insurer misrepresented certain trends affecting its life insurance reserves have asked a New Jersey federal judge to grant final approval of the deal and nearly $9 million in fees.
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March 11, 2024
Prudential Investors' $35M Settlement Gets Initial OK
Prudential Financial Inc. shareholders have gotten an initial nod from a New Jersey federal judge for their $35 million deal to settle claims that the insurer hurt investors by allegedly misrepresenting certain trends affecting its life insurance reserves.
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February 14, 2024
Prudential Inks $35M Deal Over Investor's Stock-Drop Suit
A Prudential Financial Inc. investor asked a New Jersey federal judge on Wednesday to sign off on a $35 million deal to settle allegations the insurer hid mortality trends and understated its life insurance reserves, causing its stock to trade at inflated prices.
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August 20, 2020
Prudential Blasts Investors' 'Misguided' Fraud Claims
A proposed class action alleging Prudential Financial Inc. fraudulently hid mortality trends and understated its life insurance reserves should be tossed, the insurance company told a New Jersey federal judge Wednesday, calling the suit a "misguided attempt" to claim securities fraud.