Citizens Financial Group Inc
0 DAYS LEFT TO SEEK LEAD PLAINTIFF STATUS
Case Summary | |
Company Name: | Citizens Financial Group Inc |
Stock Symbol : | NYSE: CFG |
Class Period Start: | 03/18/2017 |
Class Period End: | 03/29/2017 |
Lead Plaintiff motion: | 06/26/2017 |
Date Filed: | 04/25/2017 |
Type of Case: | Securities Class Action |
Court: | U.S. District Court for the Southern District of New York |
Summary: | Thieler Law Corp advises investors with losses exceeding $100,000 of the June 26, 2017 lead plaintiff deadline in a class action lawsuit filed against Citizens Financial Group Inc (NYSE: CFG) (“Citizens” or “the Company”). The suit is pending in the U.S. District Court for the Southern District of New York and investors, who purchased Citizens Financial Group Inc securities between March 18, 2016 and March 29, 2017, have until June 26, 2017 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class. If you purchased Citizens Financial Group Inc securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 377 - 4324 or emailing mail@thielerlaw.com . No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class. The complaint alleges that during the Class Period defendants made false and misleading statements and/or allegedly failed to disclose that Company employees were falsifying information related to the Citizens Checkup program; that, as a result, the Company’s reported Citizens Checkup figures were inflated; and that, as a result of the foregoing, Defendants’ statements about Citizens’ business, operations, and prospects, were false and misleading and/or lacked a reasonable basis. On March 29, 2017, the Wall Street Journal revealed that certain Citizens employees acknowledged that Company employees faked "financial checkup" meetings with customers. Citizens stated that the "Citizens Checkup" program resulted in 400,000 scheduled appointments in 2016, but the WSJ reported that former employees said they falsified information due to the Company's pressure to meet certain program expectations. On this news, NYSE: CFG dropped causing investors harm. If you were negatively impacted by your investment in Citizens Financial Group Inc securities between March 18, 2016 and March 29, 2017 and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation. Thieler Law Corp purchases advertisements on search engines, social media sites and other websites. If you send us information, note that does not create an attorney-client relationship with the firm. Thieler Law Corp 2534 State Street - Suite 406, San Diego, CA 92101 by email: mail@thielerlaw.com or telephone at +1 (619) 377 - 4324 or visit our website http://www.thielerlaw.com/ or Facsimile: +1 (619) 785 – 3185 |