BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Citizens Financial Group, Inc. (“Citizens” or the “Company”) (NYSE: CFG) investors concerning the Company and its officers’ possible violations of federal securities laws.
On March 29, 2017, the Wall Street Journal (“WSJ”) reported that Citizens employees admitted that Company employees faked “financial checkup” meetings with customers. The Company claimed that the “Citizens Checkup” program resulted in 400,000 scheduled appointments in 2016. However, according to the WSJ, former employees said they falsified information because of pressure to meet expectations related to the program. On this news, the Company’s stock price declined, injuring investors.
If you purchased Citizens securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to email@example.com, or visit our website at www.howardsmithlaw.com.
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