Prudential Life Receives Third-Party Committee Report on Fund Misappropriation, to Publish on the 8th

Jiji Press··JP·Read original
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Prudential Life Insurance announced on the 5th that it received on the 3rd the investigative report from the third-party committee established in response to the fund misappropriation issue involving employees. The company will publish this report on the 8th and explain its future response. The company stated, "We will take the investigation results seriously and work toward preventing recurrence and restoring trust."

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Prudential Financial, Inc.
PRU
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Third-party committee report on employee fund misappropriation raises legal/compliance concerns for the insurer.

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