Harwood Feffer LLP Announces Investigation of Santander Consumer USA Holdings Inc.
NEW YORK, Aug. 14, 2014 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Santander Consumer USA Holdings Inc. ("Santander Consumer" or the "Company") (NYSE: SC), concerning whether the board has breached its fiduciary duties to shareholders.
On August 7, 2014, the Company disclosed that it has received a subpoena from the U.S. Department of Justice seeking documents related to the underwriting and securitization of nonprime auto loans since 2007.
Our investigation concerns whether the Company board of directors has breached its fiduciary duties to shareholders, grossly mismanaged the Company, and/or committed abuses of control in connection with the foregoing.
If you own Santander Consumer shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:
Robert I. Harwood, Esq.
Benjamin I. Sachs-Michaels, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
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Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.
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