LOS ANGELES--(BUSINESS WIRE)--Lundin Law PC, a shareholder rights firm, announces that it is investigating claims against Citizens, Inc. (“CIA” or the “Company”) (NYSE: CIA) concerning possible violations of federal securities laws.
On March 8, 2017, SeekingAlpha revealed an article stating that some premiums paid by policyholders are sent to Citizens’ transfer agent to make market purchases of Citizens stock, artificially inflating Citizens’ stock price. When this information was announced to shareholders, the value of CIA fell, causing investors harm.
Lundin Law PC was founded by Brian Lundin, a securities litigator based in Los Angeles dedicated to upholding shareholders’ rights.
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