NEW YORK, Feb. 17, 2017 (GLOBE NEWSWIRE) -- The following statement is being issued by Levi & Korsinsky, LLP:
To: All persons or entities who purchased or otherwise acquired securities of OneMain Holdings, Inc. (NYSE:OMF) between March 3, 2015 and November 7, 2016.
You are hereby notified that a securities class action lawsuit has been commenced in the USDC for the Southern District of Indiana. To get more information go to:
http://www.zlk.com/pslra/onemain-holdings-inc
or contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.
The complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements and/or failed to disclose material information regarding the projected net income for OneMain following, and as a result of, the combination of OneMain Financial with Springleaf and the purported synergies achieved by the combined company. The complaint alleges that following a November 7, 2016 press release announcing the Company’s third quarter results and a November 8, 2016 conference call lowering guidance for the full-year 2016 and 2017, the value of OneMain shares declined significantly.
If you suffered a loss in OneMain you have until March 20, 2017 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.