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Home Capital Group Inc T.HCG

Home Capital Group Inc. is a Canada-based holding company that operates through its principal subsidiary, Home Trust Company (Home Trust). Home Trust is a federally regulated trust company offering residential and non-residential mortgage lending, securitization of residential mortgage products, consumer lending and credit card services. In addition, Home Trust and its wholly owned subsidiary, Home Bank offer deposits through brokers and financial planners, and through a direct-to-consumer brand, Oaken Financial. Its mortgage lending includes classic single-family residential lending, insured residential lending, residential commercial lending, and non-residential commercial lending. Its consumer lending loan portfolio comprises credit cards, lines of credit and other consumer retail loans. In addition, the Company manages a treasury portfolio to support liquidity requirements and invest excess capital.


TSX:HCG - Post by User

Bullboard Posts
Comment by TITOOOon Feb 14, 2017 2:31pm
296 Views
Post# 25844763

RE:Another Class Action

RE:Another Class Action
SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces
Investigation of Home Capital Group Inc. (HMCBF) 
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Home Capital Group Inc. (“Home Capital” or the “Company”) (OTCMKT: HMCBF). The investigation concerns whether Home Capital and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
 
On February 10, 2017, Home Capital divulged that the Ontario Securities Commission had reached the preliminary conclusion that Home Capital failed to meet its continuous disclosure obligations in 2014 and 2015 and served the company with an enforcement notice related to its 2015 disclosure regarding the discovery that some information on loan applications had been falsified and the following corrective steps taken in response.
 
 If you are aware of any facts relating to this investigation, or purchased U.S. shares of Home Capital on the Grey Market from November 5, 2014 through July 10, 2015, you can assist this investigation by completing the form below. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.  
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique.  Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients.  In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration.   Attorney advertising. Prior results do not guarantee similar outcomes.
 
Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com
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