NEW YORK, Jan. 03, 2023 (GLOBE NEWSWIRE) -- Lowey Dannenberg P.C., is investigating claims of violations of federal securities laws on behalf of investors of MoneyGram International, Inc. (“MoneyGram” or the “Company”) (NASDAQ: MGI).
The investigation concerns whether MoneyGram and certain of its officers and directors have engaged in violation of securities laws and/or other business practices. The conduct pertains to a lawsuit filed by the Consumer Financial Protection Bureau (“CFPB”) and the Attorney General of New York with respect to violations of federal regulations and the Consumer Financial Protection Act.
On April 22, 2022, the CFPB announced the filing of a lawsuit against MoneyGram for violations of consumer protection laws and regulations. Upon this news, shares of MoneyGram dropped precipitously.
If you suffered loss in MoneyGram and wish to participate, learn more, or discuss the issues surrounding the investigation, please contact our attorneys at (914) 733-7256 or via email at firstname.lastname@example.org or email@example.com.
Whistleblowers: Persons with non-public information regarding MoneyGram should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC.
About Lowey Dannenberg
Lowey Dannenberg is a national firm representing institutional and individual investors, who suffered financial losses resulting from corporate fraud and malfeasance in violation of federal securities and antitrust laws. The firm has significant experience in prosecuting multi-million-dollar lawsuits and has previously recovered billions of dollars on behalf of investors.