NEW YORK, Feb. 19, 2020 /PRNewswire/ -- Moore Kuehn,
PLLC, a securities law firm located on Wall Street in downtown
New York City, is investigating
potential claims involving directors and officers regarding
possible breaches of fiduciary duties and other violations of law
related to whether insiders, as alleged in federal securities
lawsuits, caused their companies to make false and/or misleading
statements and/or failed to disclose, among other things, that:
- Prudential Financial, Inc. (NYSE:
PRU)
(1) that the Company's reserve assumptions failed to account for
adversely developing mortality experience in its Individual Life
business segment; (2) that the Company was not over-reserved, but
instead, its reported reserves, particularly for the Individual
Life business segment, were insufficient to satisfy its future
policy benefits liabilities; and (3) that the Company had
materially understated its liabilities and overstated net income as
a result of flawed assumptions in calculating mortality
experience.
(1) Box was unable to close large deals within the quarter; (2)
Box's revenue would be materially impacted; and (3) positive
statements about Box's business, operations, and prospects were
materially misleading and/or lacked a reasonable basis.
- Six Flags Entertainment Corporation (NYSE: SIX)
(1) the delays of park develop in China with Riverside were not "short-term" and
were material in the context of long-term opportunity; and (2)
Riverside was in severe financial distress and did not have the
resources to timely complete its projects with Six Flags.
Moore Kuehn encourages shareholders who would like to discuss
their rights to contact Justin Kuehn,
Esq. by email at jkuehn@moorekuehn.com or telephone at (212)
709-8245. The consultation and case are
free with no obligation to you.
Shareholders should contact the firm immediately as
there may be limited time to enforce your
rights.
Moore Kuehn is a 5-star Google rated New York City-based law firm with attorneys
representing investors and consumers in class action litigation
involving securities law violations, financial fraud, breaches of
fiduciary duties, and other claims. For additional
information about Moore Kuehn, please go to
http://www.moorekuehn.com/practice/new-york-securities-litigation/.
Attorney advertising. Prior results do not guarantee similar
outcomes.
Contacts:
Moore Kuehn, PLLC
Justin Kuehn, Esq.
30 Wall Street, 8th Floor
New York, New York 10005
jkuehn@moorekuehn.com
(212) 709-8245
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SOURCE Moore Kuehn, PLLC