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Home Capital Group Inc HMCBF


Primary Symbol: 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

Home Capital Group Inc
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Post by TITOOOon Feb 16, 2017 8:16pm
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Post# 25858623

Pawar Law Group Announces Investigation of Securities Claims

Pawar Law Group Announces Investigation of Securities Claims

NEWS ...

The Pawar Law Group announces it is investigating potential securities claims on behalf of shareholders of Home Capital Group Inc. (or the "Company") (OTC PINK: HMCBF) resulting from allegations that the Company may have issued materially misleading business information to the investing public.

On February 10, 2017, Home Capital Group disclosed that the Ontario Securities Commission has reached the preliminary conclusion that Home Capital Group failed to meet its continuous disclosure obligations in 2014 and 2015 and served an enforcement notice on Home Capital Group. The enforcement notice is related to Home Capital Group’s disclosure in 2015 of the discovery that some information on loan applications had been falsified and the subsequent remedial taken in response.

Our investigation concerns whether Home Capital Group issued false and misleading statements to investors causing investor losses. If you own Home Capital Group shares and wish to learn how to protect your investment and recover your losses in HMCBF stock, please visit https://pawarlawgroup.com/cases/home-capital-group-inc/ or contact Vik Pawar at 212-571-0805.

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