The Law Offices of Frank R. Cruz Announces Investigation of NatWest Group plc (NWG) on Behalf of Investors

The Law Offices of Frank R. Cruz announces an investigation of NatWest Group plc (“NatWest Group” or the “Company”) (NYSE: NWG) on behalf of investors concerning the Company’s possible violations of federal securities laws.

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On October 27, 2023, NatWest Group disclosed findings from an independent review regarding the closing of an account of UK politician, Nigel Farage, and a “potential breach of confidentiality relating to his customer information.” Therein, the Company admitted “serious failings” despite the account closure being lawful. In response, the Financial Conduct Authority (“FCA”) announced that it is opening a probe into NatWest Group’s internal controls, “include[ing] the firms’ processes, systems and controls around how they consider potential closure of accounts and handle complaints from their customers, and the allocation of responsibilities and effectiveness of the firms’ governance mechanisms.”

On this news, NatWest Group’s stock price fell $0.66, or 13%, to close at $4.42 per share on October 27, 2023, thereby injuring investors.

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If you purchased NatWest Group 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 Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.

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View source version on businesswire.com: https://www.businesswire.com/news/home/20231101295687/en/