Citizens Financial Group, Inc.
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The Pawar Law Group announces a class action lawsuit on behalf of Citizens Financial Group, Inc. (CFG) investors who purchased Citizens Financial Group stock between March 18, 2016 and March 29, 2017, inclusive (the “Class Period”). The suit is for recovery of investor losses.
No class has been certified in the above action yet. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member.
According to the complaint defendants during the Class Period made false and misleading statements and/or failed to disclose that: (1) Citizens employees were falsifying information related to the Citizens Checkup program; (2) in turn, Citizens’ reported Citizens Checkup figures were inflated; and (3) as a result, 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 reported that certain Citizens employees admitted that Citizens employees faked “financial checkup” meetings with customers. On this news, shares of Citizens declined, damaging investors.
If you wish to serve as lead plaintiff, you must move the Court no later than June 26, 2017. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. You may join the case here: http://pawarlawgroup.com/cases/citizens-financial-group-inc/ or email Vik Pawar, Esq. at firstname.lastname@example.org
Vik Pawar, Esq.
Pawar Law Group
20 Vesey Street, Suite 1210
New York, NY 10007
Tel: (212) 571-0805
Fax: (212) 571-0938