Companies Prudential Financial Inc FollowJune 13 (Reuters) - A U.S. appeals court on Tuesday partly revived a shareholder lawsuit against Prudential Financial Inc (PRU.N) alleging the insurer concealed a shortfall with its individual life insurance policy reserves in 2019. A spokesperson for Prudential did not immediately respond to a request for comment. While it revived investors' allegations over the mortality statements, the Philadelphia-based appeals court agreed that the adequate level of reserves was a matter of opinion, affirming dismissal of those claims. V. Prudential Financial Inc et al., No. Circuit Court of Appeals.

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Persons: Jody Godoy, Bill Berkrot Organizations: Prudential Financial, Prudential Financial Inc, U.S, Circuit, Prudential, Warren Police, Appeals, Thomson Locations: Michigan, Newark , New Jersey, Jersey, Philadelphia, New York