Unum Group
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Financials : Insurance | Small Cap Value
Company profile

Unum Group is a provider of financial protection benefits in the United States and the United Kingdom. The Company's products include disability, life, accident, critical illness, dental and vision, and other related services. Its segments include Unum US, Unum UK, Colonial Life, Closed Block and Corporate. Its Unum US segment includes group long-term and short-term disability insurance, group life and accidental death and dismemberment products, and supplemental and voluntary lines of business. Its Unum UK segment includes insurance for group long-term disability, group life, and supplemental lines of business, which include dental, individual disability and critical illness products. Its Colonial Life segment includes insurance for accident, sickness, and disability products, life products, and cancer and critical illness products issued primarily by Colonial Life & Accident Insurance Company and marketed to employees. Its Closed Block segment consists of other insurance products.

Price
Delayed
$17.34
Day's Change
-0.91 (-4.99%)
Bid
--
Ask
--
B/A Size
--
Day's High
19.17
Day's Low
17.25
Volume
(Heavy Day)

Today's volume of 695,090 shares is on pace to be much greater than UNM's 10-day average volume of 1,986,427 shares.

695,090

LAWSUITS FOR SECURITIES VIOLATIONS FILED AGAINST PROG AND COTY: Block & Leviton LLP Reminds Investors of Class Actions for Violations of the Federal Securities Laws

8:00 am ET September 23, 2020 (Globe Newswire) Print

Block & Leviton LLP (www.blockleviton.com), a national securities litigation firm, reminds investors that securities class actions have been filed against Progenity, Inc. (NASDAQ: PROG) and Coty Inc. (NYSE: COTY). Shareholders interested in serving as lead plaintiff have until the deadlines listed below to move the court. Further details about the cases are described below. There is no cost or obligation to you.

PROG Shareholders - Click Here: https://www.blockleviton.com/cases/prog

COTY Shareholders - Click Here: https://www.blockleviton.com/cases/coty

Progenity, Inc. (NASDAQ: PROG) - Lead Plaintiff Deadline of October 27, 2020

Since Progenity's June 22, 2020 initial public offering ("IPO"), the Company's stock price has plummeted, closing as low as $7.71 per share on August 14, 2020, representing a decline of nearly 50% from the $15 per share IPO price. The lawsuit was filed in the U.S. District Court for the Southern District of California, and alleges that the IPO materials were negligently prepared, and as a result, contained untrue statements of material fact and omitted material facts necessary to make the statements therein not misleading. Among other things, the suit alleges that the IPO materials failed to disclose that Progenity had overbilled government payors by $10.3 million in 2019 and 2020 and had therefore overstated its revenues, earnings, and cash flows from operations and that Progenity was suffering from accelerating negative trends in the second quarter of 2020 with respect to the Company's testing volumes, revenues, and product pricing.

Coty Inc. (NYSE: COTY) - Lead Plaintiff Deadline of November 3, 2020

Over the last several years, Coty, an international beauty company, has engaged in multiple mergers and acquisitions. In October 2016, Coty announced a merger with The Proctor & Gamble Company's specialty beauty business for $12.5 billion. Yet by July 2019, Coty announced the write down of about $3 billion in value of brands acquired from Proctor & Gamble as part of a four-year restructuring plan. On this news, Coty's stock price fell approximately 14%. Then on November 18, 2019, Coty announced that it was acquiring a 51% majority stake in Kylie Jenner's Kylie Cosmetics line for another $600 million. However, on May 29, 2020, Forbes reported that Ms. Jenner "has been inflating the size and success of her business. For years." On this news, Coty's price approximately 13%. The class period for the lawsuit, which was filed in the U.S. District Court for the Southern District of New York, runs from October 3, 2016 to May 28, 2020.

If you purchased or acquired shares of PROG or COTY and have questions about your legal rights or possess information relevant to these matters, please contact Block & Leviton attorneys at (617) 398-5600, via email at cases@blockleviton.com, or via the links provided above.

Block & Leviton LLP is a firm dedicated to representing investors and maintaining the integrity of the country's financial markets. The firm represents many of the nation's largest institutional investors as well as individual investors in securities litigation throughout the United States. The firm's lawyers have recovered billions of dollars for its clients.

This notice may constitute attorney advertising.

CONTACT:

BLOCK & LEVITON LLP

260 Franklin St., Suite 1860

Boston, MA 02110

Phone: (617) 398-5600

Email: cases@blockleviton.com

SOURCE: Block & Leviton LLP

www.blockleviton.com

https://ml.globenewswire.com/media/582f8ff5-dda1-458c-b0b6-cc833c566289/small/block-leviton-llp-logo.jpg

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