Metro Bank PLC Loss Form

Company: Metro Bank PLC

Ticker: (OTCMKTS) MBNKF

Deadline

Passed

Lead Plaintiff Deadline: July 29, 2019

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Allegations

(1) Metro Bank misclassified the risk terms of many of its loans; (2) accordingly, Metro Bank failed to maintain sufficient capital; (3) this conduct would lead to investigations by the PRA and FCA; (4) this conduct would also lead to the reduction of deposits at Metro Bank from larger commercial and partnership clients; and (5) as a result, Defendants’ public statements were materially false and/or misleading at all relevant times.