NEW YORK, Aug. 10, 2017 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against National General Holdings Corp. ("National General" or the "Company") (NASDAQ: NGHC).
On August 8, 2017, the California Department of Insurance (the "Department") announced that Commissioner Dave Jones had ordered the Department "to open an investigation into recent allegations that Wells Fargo and National General Insurance improperly charged consumers for 'force-placed' or 'lender-placed' auto insurance for consumers who had auto loans with Wells Fargo." Further, Reuters reported that "National General was identified as an underwriter of the insurance in a report into the matter prepared for Wells [Fargo] by consultancy Oliver Wyman."
On this news, National General's share price declined.
If you invested in National General stock or options and would like to discuss your legal rights, click here: www.faruqilaw.com/NGHC. There is no cost or obligation to you.
You can also contact us by calling Richard Gonnello toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to [email protected].
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