Levi & Korsinsky Notifies Shareholders of a Complaint Filed in U.S. District Court to Recover Losses Suffered by Investors in OneMain (OMF)

February 06, 2017 - By: Baystreet Staff


Lead Plaintiff Deadline of March 20, 2017

Levi & Korsinsky, LLP announced that a class action has commenced in the USDC for the Southern District of Indiana on behalf of purchasers of OneMain Holdings, Inc. (NYSE: OMF) who purchased shares between March 3, 2015 and November 7, 2016.

The complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements and/or failed to disclose material information regarding the projected net income for OneMain following, and as a result of, the combination of OneMain Financial with Springleaf and the purported synergies achieved by the combined company. The complaint alleges that following a November 7, 2016 press release announcing the Company’s third quarter results and a November 8, 2016 conference call lowering guidance for the full-year 2016 and 2017, the value of OneMain shares declined significantly.

To get more information go to: http://zlk.9nl.com/onemain-financial

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

Take Action: if you suffered a loss in OneMain Holdings you have until March 20, 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 LLP encourages anyone with information regarding OneMain Holdings’ conduct to contact us, including whistleblowers, former employees, shareholders and others.

Levi & Korsinsky is a national firm with offices in New York, New Jersey, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, 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

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