Since July 2015, Capital One has been the subject of an open consent order with the Office of the Comptroller of the Currency over regulatory deficiencies in its anti-money-laundering program. On February 23, 2017, Capital One revealed that it being investigated 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, regarding "certain former check casher clients" of its commercial banking business and over its anti-money-laundering program. Following this news, Capital One stock has dropped as much as $1.64 per share, or 1.76%, during intraday trading on February 24, 2017.
If you are aware of any facts relating to this investigation, or purchased shares of Capital One, you can assist this investigation by visiting the firm's site: www.bgandg.com/cof. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | firstname.lastname@example.org
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/shareholder-alert-bronstein-gewirtz--grossman-llc-announces-investigation-of-capital-one-financial-corporation-cof-300413407.html
SOURCE Bronstein, Gewirtz & Grossman, LLC