NEW YORK--(BUSINESS WIRE)--Bragar Eagel & Squire, P.C. is investigating potential claims against Unum Group (NYSE: UNM). Our investigation concerns whether Unum has violated the federal securities laws and/or engaged in other unlawful business practices.
On May 1, 2018, after the market had closed, Unum issued a press release announcing its first quarter 2018 financial results, and disclosed that, “The interest adjusted loss ratio for the long-term care line of business was 96.6 percent in the first quarter of 2018, compared to the 88.6 percent in the first quarter of 2017.”
Following this news, the stock price of Unum fell $8.12 per share, or over 16.9%, to close at $39.78 per share on May 2, 2018.
If you purchased or otherwise acquired Unum shares and suffered a loss, continue to hold shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
Bragar Eagel & Squire, P.C. is a New York-based law firm concentrating in commercial and securities litigation. For additional information concerning our investigation into Unum Group, please go to http://www.bespc.com/unm. For additional information about Bragar Eagel & Squire, P.C., please go to www.bespc.com.
