SAN DIEGO, March 11, 2019 (GLOBE NEWSWIRE) -- The Shareholders Foundation, Inc. announces that a lawsuit is pending for certain
investors in NYSE: OMF shares against OneMain Holdings Inc.
Investors, who purchased shares of OneMain Holdings Inc (NYSE: OMF), have certain options and should contact the Shareholders
Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
In early 2017 a lawsuit was filed against OneMain Holdings Inc over alleged violations of Securities Laws. The plaintiff claimed
that the defendants caused OneMain Holdings Inc to issue materially misleading statements and/or omit material information
concerning the Company's business, operations and prospects following Springleaf Holdings, Inc.'s merger with OneMain Financial
Holdings, LLC in violation of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934. In particular, the plaintiff
alleges that defendants caused OneMain Holdings Inc to issue materially misleading representations and/or omit material information
regarding the projected net income to be achieved by the Company following, and in large part due to, the combination of OneMain
Financial with Springleaf and the purported synergies achieved by the combined company. In June 2017 an amended complaint was filed
and in December 2018 the court denied the defendants motion to dismiss the case.
Those who purchased OneMain Holdings Inc (NYSE: OMF) shares should contact the Shareholders Foundation, Inc.
CONTACT:
Shareholders Foundation, Inc.
Michael Daniels
+1 (858) 779-1554
mail@shareholdersfoundation.com
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, which does
research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal
related news to the stock/financial market. The Shareholders Foundation, Inc. is not a law firm. Any referenced cases,
investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The
information is only provided as a public service. It is not intended as legal advice and should not be relied
upon.