An investigation on behalf of investors in shares of Citizens Financial Group Inc was announced concerning possible breaches of fiduciary duties by certain officers and directors at Citizens Financial Group Inc.
Investors who purchased shares of Citizens Financial Group Inc (NYSE:CFG) 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 concerns whether certain Citizens Financial Group officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
On March 29, 2017, it was reported that Citizens Financial Group Inc’s employees admitted that employees faked “financial checkup” meetings with customers. Reportedly Citizens Financial Group Inc claimed that the “Citizens Checkup” program resulted in 400,000 scheduled appointments in 2016. The article stated, however, that former employees said they falsified information because of pressure to meet expectations related to the program. Shares of Citizens Financial Group Inc (NYSE:CFG) declined on March 27, 2017 to as low as $32.99 per share.
On April 11, 2017, NYSE:CFG shares closed at $34.38 per share.
Those who purchased NYSE:CFG 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