LOS ANGELES--(BUSINESS WIRE)--Tostrud Law Group, P.C. reminds investors of the March 20, 2017 deadline to file a lead plaintiff motion in the class action filed on behalf of a class of investors who acquired OneMain Holdings, Inc. (“OneMain” or the “Company”) (NYSE: OMF) securities between March 3, 2015 and November 7, 2016, inclusive (the “Class Period”). OneMain investors have until March 20, 2017 to file a lead plaintiff motion. Injured investors are encouraged to contact Jon Tostrud, Esq. to discuss their legal rights.
OneMain, through its subsidiaries, provides consumer finance and insurance products and services. The Company has historically focused on providing credit to subprime borrowers, and as a result spends considerable amounts of time and effort on its collection practices.
According to the complaint filed in this lawsuit, defendants made materially misleading representations and/or omitted material information regarding the net income and potential synergies achievable through the combination of OneMain with Springleaf. When the combined entities failed to perform as promised, investors suffered damages.
OneMain investors have until March 20, 2017 to move the Court to appoint you as lead plaintiff if you meet certain legal requirements. If you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Jon Tostrud, Esquire, of Tostrud Law Group, P.C., 1925 Century Park East, Suite 2100, Los Angeles, California 90067, at (310) 278-2600 or by e-mail at firstname.lastname@example.org.
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