Investigation for Investors in Shares of Citizens Financial Group Inc (CFG) Announced

An investigation on behalf of investors in Citizens Financial Group Inc (NYSE:CFG) shares over potential wrongdoing at Citizens Financial Group Inc was announced and NYSE:CFG stockholders should contact the Shareholders Foundation.

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San Diego, CA -- (SBWire) -- 04/05/2017 --Certain directors of Citizens Financial Group Inc are under investigation over potential wrongdoing. The investigation was announced for investors in NYSE:CFG shares over potential breaches of fiduciary duties by certain directors at Citizens Financial Group Inc.

Investors who purchased shares of Citizens Financial Group Inc (NYSE:CFG) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The investigation by a law firm concerns whether certain Citizens Financial Group officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.

Providence, RI based Citizens Financial Group, Inc. is a retail bank holding company. Citizens Financial Group Inc reported that its Net Income rose from $840.00 million in 2015 to over $1.045 billion in 2016.

Shares of Citizens Financial Group Inc (NYSE:CFG) grew from $18.89 per share in February 2016 to as high as $39.59 per share on March 1, 2017.

On On March 29, 2017, it was reported that Citizens Financial Group Inc's employees admitted that employees faked "financial checkup" meetings with customers. Reportedly Citizens Financial Group Inc claimed that the "Citizens Checkup" program resulted in 400,000 scheduled appointments in 2016. The article stated, however, that former employees said they falsified information because of pressure to meet expectations related to the program.

Shares of Citizens Financial Group Inc (NYSE:CFG) declined on March 27, 2017 to as low as $32.99 per share.

On April 4, 2017, NYSE:CFG shares closed at $34.90 per share.

Those who purchased shares of Citizens Financial Group Inc have certain options and should contact the Shareholders Foundation.

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

Media Relations Contact

Michael Daniels
General Manager
Shareholders Foundation
858-779-1554
http://www.ShareholdersFoundation.com

View this press release online at: http://rwire.com/790734