IRVINE, Calif.--(BUSINESS WIRE)--Khang & Khang LLP (the “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 purchased shares of Citizens, Inc. during the Class Period, please contact Joon M. Khang, Esquire, of Khang & Khang, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949) 419-3834, or via e-mail at firstname.lastname@example.org.
There has been no class certification in this case. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member.
On March 8, 2017, SeekingAlpha published an article claiming that some premiums paid by policyholders are sent to Citizens’ transfer agent to make market purchases of Citizens stock and falsely inflating Citizens’ stock price.
When this news was released to the public, the value of Citizens stock dropped, causing investors harm.
If you wish to learn more about this lawsuit at no charge, or if you have questions concerning this notice or your rights, please contact Joon M. Khang, a prominent litigator for almost two decades, by telephone: (949) 419-3834, or via e-mail at email@example.com.
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