NEW YORK, March 21, 2017 (GLOBE NEWSWIRE) -- The Law Offices of
Vincent Wong announce that a class action lawsuit has been commenced in the USDC for the Southern District of New York on behalf of
investors who purchased The Western Union Company (NYSE:WU) securities between February 24, 2012 and January 19, 2017.
Click here to learn about the case: http://www.wongesq.com/pslra/the-western-union-company. There
is no cost or obligation to you.
According to the complaint, Defendants made materially false and
misleading statements and/or failed to disclose that: (1) the Company’s fraud prevention efforts did not comply with applicable
laws; (2) Western Union knowingly failed to maintain an effective anti-money laundering program; (3) Western Union aided and
abetted wire fraud; (4) for at least five years, Western Union knew of agents structuring transactions designed to avoid the
reporting requirements of the Bank Secrecy Act; (5) Western Union was not compliant with its regulatory responsibilities; (6)
between 2004 and 2012, Western Union violated U.S. laws by processing transactions for its agents and others involved in an
international consumer fraud scheme; and (7) Western Union knew of but failed to take corrective action against its agents involved
in or facilitating fraud-related transactions.
If you suffered a loss in Western Union you have until March 27,
2017 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve
as a lead plaintiff. To obtain additional information, contact Vincent Wong, Esq. either via email vw@wongesq.com, by telephone at 212.425.1140, or visit
http://www.wongesq.com/pslra/the-western-union-company.
Vincent Wong, Esq. is an experienced attorney that has represented
investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising.
Prior results do not guarantee similar outcomes.
CONTACT: Vincent Wong, Esq. 39 East Broadway Suite 304 New York, NY 10002 Tel. 212.425.1140 Fax. 866.699.3880 E-Mail: vw@wongesq.com
