UPDATE 1-Prudential Financial says employees removed information from contracted agencies

Prudential Financial, Inc. -0.41%

Prudential Financial, Inc.

PRU

97.58

-0.41%

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March 6 (Reuters) - Prudential Financial PRU.N said on Friday its employees seconded at contracted agencies removed information at those organizations without permission.

The U.S. financial services company said 11 of its employees had removed 379 instances of operational information at seven contracted agencies.

They then provided that information to Prudential employees, who used the materials when considering sales promotion strategies.

Prudential will eliminate its life insurance secondments by the end of March, the company said, adding that some former and current executives will voluntarily return a portion of their compensation.


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