NEW YORK--(BUSINESS WIRE)--The law firm of Wohl & Fruchter LLP is investigating possible violations of federal securities laws by officers and directors of JGWPT Holdings Inc. (JGW) (NYSE:JGW).
In its 2013 Form 10-K filed with the Securities and Exchange Commission on March 31, 2014, JGW disclosed that, in March 2014, the Company and certain of its affiliates were served with Civil Investigative Demands (CIDs) from the U.S. Consumer Financial Protection Bureau (CFPB). The CIDs requested various information and documents for the purpose of determining the Company’s compliance with the Consumer Financial Protection Act of 2010, the Truth in Lending Act, and other federal consumer finance laws.
Since making the above disclosure, JGW shares have fallen over 45% in trading since closing at $18.26/share on March 31, 2014.
Persons with relevant information, and JGW shareholders with questions about this investigation, are invited to contact the attorney below, or our Firm by calling 866.833.6245.
Additional information, including a copy of JGW’s 2013 Form 10-K, is available on our website at: http://www.wohlfruchter.com/cases/jgw.
About Wohl & Fruchter
Wohl & Fruchter LLP represents plaintiffs in litigation arising from fraud and other fiduciary breaches by corporate managers, as well as other complex litigation matters. Please visit our website, www.wohlfruchter.com, to learn more about our Firm, or contact one of our partners.
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