An investigation for investors in HOME CAPITAL GROUP COM NPV (OTCMKTS:HMCBF) shares over potential securities laws violations by Home Capital Group Inc was announced and OTCMKTS:HMCBF stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 02/21/2017 -- An investigation was announced on behalf of investors of HOME CAPITAL GROUP COM NPV (OTCMKTS:HMCBF) shares over potential securities laws violations by Home Capital Group Inc in connection certain financial statements.
Investors who purchased shares of Home Capital Group Inc (OTCMKTS:HMCBF), have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call 858-779-1554.
The investigation by a law firm focuses on whether a series of statements by Home Capital Group Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Toronto based Home Capital Group Inc. is a Canada-based holding company, which operates primarily through its subsidiary, Home Trust Company, that through its subsidiary, offers residential and non-residential mortgage lending, securitization of insured residential first mortgage products, consumer lending and credit card products.
On February 10, 2017, Home Capital Group Inc. disclosed that the Ontario Securities Commission has reached the preliminary conclusion that Home Capital Group Inc. failed to meet its continuous disclosure obligations" in 2014 and 2015 and served an enforcement notice on Home Capital Group Inc. The enforcement notice is related to Home Capital Group's disclosure in 2015 of the discovery that some information on loan applications had been falsified and the subsequent remedial taken in response.
Shares of Home Capital Group Inc. (OTCMKTS:HMCBF) closed on February 17, 2017, at $20.03 per share.
Those who purchased shares of HOME CAPITAL GROUP COM NPV have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
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