Glancy
Binkow & Goldberg LLP reminds investors that all purchasers of Western
Union Company (“Western Union” or the “Company”) (NYSE:WU) common
stock between February 7, 2012 and October 30, 2012, inclusive (the
“Class Period”), have until February 10, 2014, to file a motion to be
appointed as lead plaintiff in the shareholder lawsuit.
The Complaint filed in the United States District Court for the District
of Colorado alleges that defendants misrepresented or failed to disclose
that:
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The Company was experiencing difficulties meeting the increased
compliance duties required by its Southwest Border Agreement with the
state of Arizona, and was spending significantly more than forecast on
compliance and monitoring;
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The Company had downplayed the impact that changes in its compliance
and regulatory environment were having on its operations; and
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Western Union was under competitive pricing pressure to charge a
premium for its core money transfer product.
If you purchased Western Union common stock during the Class Period, you
may move the Court no later than February 10, 2014, to serve as lead
plaintiff; however, you must meet certain legal requirements. To be a
member of the Class, you need not take any action at this time; you may
retain counsel of your choice or take no action and remain an absent
member of the Class. If you wish to learn more about this action or have
any questions concerning this announcement or your rights or interests
with respect to these matters, please contact Michael
Goldberg, Esquire, of Glancy Binkow & Goldberg LLP, 1925 Century
Park East, Suite 2100, Los Angeles, California 90067, Toll-Free at (888)
773-9224, or contact Gregory
Linkh, Esquire, of Glancy Binkow & Goldberg LLP at 122 E. 42nd
Street, Suite 2920, New York, New York 10168, at (212) 682-5340, by
e-mail to shareholders@glancylaw.com,
or visit our website at http://www.glancylaw.com.
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
Copyright Business Wire 2014