SAN DIEGO, June 13, 2019 /PRNewswire/ -- Shareholder Rights Law Firm Johnson Fistel, LLP is investigating potential claims against National General Holdings Corp. (NASDAQ: NGHC) ("National General").
In July 2016, while Wells Fargo was being investigated in connection with a fake account scandal (which would ultimately result in a $100 million fine announced by the Consumer Financial Protection Bureau in September 2016); the bank commissioned an internal investigation and report into its practice of foisting, through National General, by placing unwanted and unneeded auto insurance onto its customers.
Then on, August 8, 2017, California's insurance regulator announced an investigation into whether National General violated any laws in connection with a force or lender-placed auto insurance policies.
Following this news, the price of National General's shares plummeted.
Johnson Fistel's investigation is focusing on whether National General or its officers and directors violated state or federal securities laws.
If you have information that could assist in this investigation, or if you acquired National General stock between June 2014 and August 2017 and are interested in learning more about the investigation or your legal rights and remedies, please contact Jim Baker (firstname.lastname@example.org) at 619-814-4471. If emailing, please include a phone number.
If you purchased shares between June 2014 and August 2017, you can [Click here to join this action]. There is no cost or obligation to you.
About Johnson Fistel, LLP:
Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com. Attorney advertising. Past results do not guarantee future outcomes.
Johnson Fistel, LLP
Jim Baker, 619-814-4471
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SOURCE Johnson Fistel, LLP