CLASS ACTION UPDATE: Law Office of Brodsky & Smith, LLC Reminds Investors of Deadline in Class Action Against Capital One Financial Corporation (NYSE: COF)

BALA CYNWYD, PA / ACCESSWIRE / October 16, 2019 / Law office of Brodsky & Smith, LLC reminds investors of the deadline to file to be a lead plaintiff regarding claims against Capital One Financial Corporation ("Capital One" or the "Company") (NYSE:COF - News) for possible breaches of Federal Securities law.

On July 29, 2019, Capital One announced in a press release that it had suffered a data breach affecting over 106 million individuals in the United States and Canada. On this news, shares of Capital One fell $5.71 or nearly 5.9% to close at $91.21 on July 30 2019.

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) the Company did not maintain robust information security protections, and its protection did not shield personal information against security breaches; (2) such deficiencies heightened the Company's exposure to a cyber-attack; and (3) as a result, Capital One's public statements were materially false and misleading at all relevant times.

If you purchased shares of Myriad between February 2, 2018, through July 29, 2019 and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. The deadline for filing is December 2, 2019. You may contact Marc Ackerman, Esquire or Jordan Schatz, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 510, Bala Cynwyd, PA 19004, by visiting http://www.brodskysmith.com/cases/capital-one-financial-corporation-nyse-cof/, or by calling toll free 877-534-2590.

Brodsky & Smith, LLC is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.

SOURCE: Brodsky & Smith, LLC