LOS ANGELES--(BUSINESS WIRE)--Goldberg Law PC, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Citizens, Inc. (“CIA” or the “Company”) (NYSE: CIA). Investors who purchased or otherwise acquired CIA shares between March 11, 2015, and March 8, 2017, inclusive (the “Class Period”), are encouraged to contact the firm in advance of the May 15, 2017 lead plaintiff deadline.
If you are a shareholder who suffered a loss during the Class Period, click here. In addition, we encourage you to contact Michael Goldberg or Brian Schall, of Goldberg Law PC, 1999 Avenue of the Stars, Suite 1100, Los Angeles, CA 90067, at 800-977-7401, to discuss your rights free of charge. You can also reach us through the firm’s website at http://www.Goldberglawpc.com, or by email at email@example.com.
The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
On March 8, 2017, SeekingAlpha released an article claiming that some premiums paid by policyholders are sent to Citizens’ transfer agent with the intention of rendering market purchases of Citizens stock – artificially inflating Citizens’ stock price. When this news was released to the public, the value of Citizens stock declined, causing investors harm.
Goldberg Law PC represents shareholders around the world and specializes in securities class actions and shareholder rights litigation.
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