U.S. Markets close in 1 hr 4 mins

INVESTOR ALERT: Goldberg Law PC Announces the Filing of a Securities Class Action Lawsuit against Citizens Financial Group, Inc.


Goldberg Law PC, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Citizens Financial Group, Inc. (“Citizens Financial” or the “Company”) (CFG). Investors who purchased the Company’s shares between March 18, 2016 and March 29, 2017 inclusive (the “Class Period”), are encouraged to contact the firm in advance of the June 26, 2017 lead plaintiff motion deadline.

If you are a shareholder who suffered a loss during the Class Period, click here to participate. In addition, we encourage you to contact Michael Goldberg or Brian Schall, of Goldberg Law PC, 1999 Avenue of the Stars, Suite 1100, Los Angeles, CA 90067, at 800-977-7401, to discuss your rights free of charge. You can also reach us through the firm’s website at http://www.goldberglawpc.com/, or by email at info@goldberglawpc.com.

The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

The Complaint alleges that during the Class Period, Citizens Financial violated federal securities laws by making materially false and misleading public statements. On March 29, 2017, the Wall Street Journal reported that some Citizens Financial employees admitted that Company employees faked “financial checkup” meetings with customers due to pressure within the Company to meet expectations related to the program. Citizens Financial claimed that the “Citizens Checkup” program resulted in 400,000 scheduled appointments in 2016, but the report stated that at least some of these appointments were fabricated. When this news was released, shares of Citizens Financial fell in value, which caused investors harm.

Goldberg Law PC represents shareholders around the world and specializes in securities class actions and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170425007029/en/