LOS ANGELES--(BUSINESS WIRE)--Lundin Law PC, a shareholder rights firm, announces that it is investigating claims against Interpublic Group of Companies Inc. (“Interpublic” or the “Company”) (NYSE: IPG) concerning possible violations of federal securities laws.
The Wall Street Journal revealed that the U.S. Department of Justice was investigating IPG, claiming that the Company may have directed commercial production business to their in-house production units over independent companies through false inflations.
It was later revealed that IPG was aware it was contacted by the Justice Department’s antitrust division.
When this information was announced to the investing public, the value of Interpublic stock fell, causing shareholders 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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