Metro Bank shares slide as fraud investigations launched

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Three US law firms looking into whether Metro’s bosses took part in securities fraud

Metro Bank shares fell 10% as three US law firms announced they were investigating whether the lender’s bosses took part in securities fraud.

The New York-based firms Pomerantz and Levi & Korsinsky announced fresh investigations into the bank, while Glancy Prongay & Murray confirmed it was continuing with a probe launched earlier in May on behalf of investors.

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from The Guardian http://bit.ly/2Xh4HI6

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