Harwood Feffer LLP Announces Investigation of Citizens Financial Group, Inc.
May 8, 2017
NEW YORK, May 8, 2017 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Citizens Financial Group, Inc. ("CFG" or the "Company") (NYSE: CFG) concerning whether the board has breached its fiduciary duties to shareholders.
Pursuant to a plan to increase revenue, CFG offers consumers financial checkup meetings referred to as "Citizens Checkup" meetings. On March 29, 2017, an article in The Wall Street Journal reported that according to CFG employees in five states, of the 400,000 "Citizens Checkup" meetings reported by the Company in 2016, many were fabricated by employees.
Our investigation concerns whether the Company board of directors has breached its fiduciary duties to shareholders, grossly mismanaged the Company, and/or committed abuses of control in connection with the foregoing.
If you own CFG shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:
Robert I. Harwood, Esq.
Benjamin I. Sachs-Michaels, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
(212)935-7400
Email: bsachsmichaels@hfesq.com
Website: http://www.hfesq.com
Follow us on Twitter: @HarwoodFeffer
Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.
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