An investigation for investors in NYSE:KCG shares over potential securities laws violations by Jersey City, NJ based KCG Holdings and certain of its directors and officers was announced.
Investors who purchased shares of KCG Holdings, Inc. (NYSE:KCG), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of KCG Holdings, Inc. (NYSE:KCG) concerning whether a series of statements by KCG Holdings regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On May 10, 2016, news outlets reported that federal and state authorities are investigating KCG Holdings’ market-making operations from 2009 to 2011. According to one article the U.S. Justice Department has subpoenaed information from KCG Holdings related to the Company’s execution of stock transactions on behalf of its retail clients, including alleged sales of the flow of trading orders placed by investors. KCG Holdings also reported to be investigated in a separate probe by the New York State Attorney General.
Shares of KCG Holdings, Inc. (NYSE:KCG) closed on May 23, 2016, at $13.37 per share.
Those who purchased NYSE:KCG shares have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North – Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com