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EQUITY ALERT: Rosen Law Firm Announces Investigation of Securities Claims Against Mitsubishi UFJ Financial Group, Inc. - MTU
[November 15, 2017]

EQUITY ALERT: Rosen Law Firm Announces Investigation of Securities Claims Against Mitsubishi UFJ Financial Group, Inc. - MTU


Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of purchasers of the securities of Mitsubishi (News - Alert) UFJ Financial Group, Inc. (NYSE:MTU) resulting from allegations that Mitsubishi UFJ Financial Group may have issued materially misleading business information to the investing public.

On November 7, 2017, Mitsubishi UFJ Financial Group converted the New York state license of a bank branch in New York to a federal license, with approval from the Office of the Comptroller of the Currency. On November 15, 2017, The Wall Street Journal reported that Mitsubishi UFJ Financial Group's license conversion followed a report by an independent monitor that "the bank was 'taking actions that are inconsistent with complying' with a consent order it had agreed to in 2014 related to hiding illicit transactions involving Iran and other countries, including 'the termination of a competent and cooperative Chief Compliance Officer' in March and a 'lack of transparency' with the monitor about transaction data problems." On this news, Mitsubishi UFJ Financial Group's shares declined during intraday trading on November 15, 2017.

Rosen Law Firm is preparing a lass action lawsuit to recover losses suffered by Mitsubishi UFJ Financial Group investors. If you purchased shares of Mitsubishi UFJ Financial Group, please visit the firm's website at http://www.rosenlegal.com/cases-1241.html for more information. You may also contact Phillip Kim or Kevin Chan of Rosen Law Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com or kchan@rosenlegal.com.

Follow us for updates on LinkedIn (News - Alert): https://www.linkedin.com/company/the-rosen-law-firm or on Twitter (News - Alert): https://twitter.com/rosen_firm.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Since 2014, Rosen Law Firm has been ranked #2 in the nation by Institutional Shareholder Services for the number of securities class action settlements annually obtained for investors.


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