GENWORTH ALERT: Shareholder Rights Law Firm Johnson & Weaver, LLP Announces Investigation of Certain Officers & Directors of ...

Shareholder Rights Law Firm Johnson & Weaver, LLP is investigating whether certain officers or directors of Genworth Financial, Inc. (NYSE: GNW) violated state or federal laws in connection with statements regarding Genworth’s business, operations and financial prospects. Genworth is the country’s largest seller of long-term care insurance.

Recently, two separate orders were issued in separate securities class actions pending against the Company and certain of its officers and directors in which the Courts denied motions to dismiss.

Specifically, on May 1, 2015, in a case pending in the U.S. District Court for the Eastern District of Virginia, brought on behalf of a class of shareholders who purchased the Company’s stock between October 30, 2013 and November 5, 2014, the Court denied, in part, defendants’ motion to dismiss. The Complaint in that action alleged that throughout the Class Period, Genworth and its top officers misrepresented the profitability of the Company’s core business and reported false financial results by understating necessary reserves.

Then, on June 16, 2015, in a separate securities class action pending against the Company and certain of its officers in the U.S. District Court for the Southern District of New York, the Court denied defendants’ motion to dismiss in its entirety. The Complaint filed in that action is brought on behalf of shareholders that purchased Company stock between November 3, 2011 and April 12, 2012, alleging that the price of the Company’s stock was inflated as a result of false statements concerning Genworth’s income and assets.

If you are a continuous, long-term shareholder of Genworth stock you may have standing to hold the Company harmless from the damage the officers and directors caused by making them personally responsible. You may also be able to assist in reforming the Company’s corporate governance to prevent future wrongdoing.

If you are a Genworth shareholder and are interested in learning more about the investigation or your legal rights and remedies, please contact lead analyst Jim Baker ([e-mail]) at 619-814-4471. If emailing, please include a phone number where you can be reached.

About Johnson & Weaver, LLP:

Johnson & Weaver, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonandweaver.com. Attorney advertising. Past results do not guarantee future outcomes.

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Johnson & Weaver, LLPJim Baker, [e-mail]