Shareholders Foundation, Inc.

Capital One Financial Corp. (NYSE:COF) Long Term Investor Alert: Investigation over Potential Wrongdoing

An investigation for current long-term investors in shares of Capital One Financial Corp. (NYSE:COF) over potential wrongdoing by certain officers and directors of Capital One Financial Corp. was continues and NYSE:COF stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com

 

San Diego, CA -- (SBWIRE) -- 10/17/2012 -- An investigation on behalf of current long-term stockholders of shares of Capital One Financial Corp. (NYSE:COF) was announced concerning whether certain Capital One Financial Corp. officers and directors possibly breached their fiduciary duties in connection with certain statements.

Investors who are current long-term stockholder of shares of Capital One Financial Corp. (NYSE:COF), including those who current hold NYSE:COF shares since years, have certain options and should contact the Shareholders Foundation at mail(at)shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain Capital One Financial officers and directors breached their fiduciary duties and caused damage to the company. and its shareholders by failing to implement adequate internal controls and misstating the company's financial results.

Capital One Financial Corp. (NYSE:COF) reported that its Net Income rose from over $2.74 billion in 2010 to over $3.22 billion in 2011.

Shares of Capital One Financial Corp. (NYSE:COF) grew from as low as $8.31 per share to as high as $59.53 per share on October 4, 2012.

However, its Net Income fell from over $1.85 billion in the first quarter 2012 to $236.00 million in the second 2012 quarter.

On October 16, 2012, NYSE:COF shares closed at $58.01 per share.

Those who purchased shares of Capital One Financial Corp. (NYSE:COF), have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Jacob Rosenfeld
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com