An investigation on behalf of investors in NYSE:COF shares over potential securities laws violations by Capital One Financial and certain of its directors and officers was announced.
Investors who purchased shares of Capital One Financial Corp. (NYSE:COF), have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 – 1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Capital One Financial Corp. (NYSE:COF) concerning whether certain statements by Capital One Financial regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On February 23, 2017, post-market, Capital One Financial Corp. announced that it was under investigation by the New York District Attorney’s Office, the U.S. Department of Justice, and the Financial Crimes Enforcement Network of the U.S. Department of the Treasury, concerning “certain former check casher clients” of its commercial banking business and over its anti-money-laundering program.
Capital One Financial Corp. reported that its annual Net Income declined from over $4.42 billion in 2014 to over $3.75 billion in 2016. Shares of Capital One Financial Corp. (NYSE:COF) grew from $61.88 per share ion June 2016 to as high as $96.92 per share on March 1, 2017.
On March 7, 2017, NYSE:COF shares closed at $92.82 per share.
Those who purchased NYSE:COF shares have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
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