An investigation for investors in NYSE:OMF shares was announced over potential securities laws violations by OneMain Holdings Inc and certain of its directors and officers.
Investors who purchased shares of OneMain Holdings Inc (NYSE:OMF), 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 whether certain statements by OneMain Holdings Inc (NYSE:OMF regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
OneMain Holdings Inc reported that its annual Total Revenue declined from over $2.81 billion in 2014 to over $2.19 billion in 2015 and that its Net Income of $504.64 million in 2014 declined to a Net loss of $242 million in 2015.
On November 7, 2016, OneMain Holdings Inc announced third quarter results and lowered its guidance for 2016 and 2017.
Shares of OneMain Holdings Inc (NYSE:OMF) declined on November 9, 2016 to as low as $16.03 per share.
On November 25, 2016, NYSE:OMF shares closed at $20.00 per share.
Those who purchased NYSE:OMF 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