Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

UPCOMING DEADLINE: Levi & Korsinsky, LLP Reminds Investors of The Western Union Company of a Class Action Lawsuit and a Lead Plaintiff Deadline of March 27, 2017 - WU

WU

PR Newswire

NEW YORK, March 24, 2017 /PRNewswire/ -- The following statement is being issued by Levi & Korsinsky, LLP:

Protecting the Rights of Shareholders.

To: All persons or entities who purchased or otherwise acquired securities of The Western Union Company ("Western Union") (NYSE: WU) between February 24, 2012 and January 19, 2017 . You are hereby notified that a securities class action lawsuit has been commenced in the USDC for the Southern District of New York. To get more information go to:

http://www.zlk.com/pslra/the-western-union-company

or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The complaint alleges that, among other allegations, 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.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm's attorneys have extensive expertise and experience representing investors in securities litigation involving financial fraud, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:   
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
30 Broad Street - 24th Floor
New York, NY 10004           
Tel: (212) 363-7500
Toll Free:  (877) 363-5972
Fax: (212) 363-7171
www.zlk.com

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/upcoming-deadline-levi--korsinsky-llp-reminds-investors-of-the-western-union-company-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-march-27-2017--wu-300429090.html

SOURCE Levi & Korsinsky, LLP



Get the latest news and updates from Stockhouse on social media

Follow STOCKHOUSE Today