NEW YORK, Feb. 24, 2017 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Capital One Financial Corporation ("Capital One" or the "Company") (NYSE: COF). Such investors are advised to contact Robert S. Willoughby at email@example.com or 888-476-6529, ext. 9980.
The investigation concerns whether Capital One and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On February 23, 2017, post-market, Capital One announced that it was under investigation 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, concerning "certain former check casher clients" of its commercial banking business and over its anti-money-laundering program.
On this news, Capital One's share price has fallen as much as $1.64, or 1.76%, during intraday trading on February 24, 2017.
The Pomerantz Firm, with offices in New York, Chicago, Florida, and Los Angeles, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com
Robert S. Willoughby
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SOURCE Pomerantz LLP