Shareholders Foundation, Inc.

Santander Consumer USA Holdings Inc(NYSE:SC) Investor Alert: Investigation over Possible Securities Laws Violations

An investigation for investors in Santander Consumer USA Holdings Inc(NYSE:SC) shares over potential securities laws violations by Santander Consumer USA Holdings was announced and NYSE:SC stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com

 

San Diego, CA -- (SBWIRE) -- 08/18/2014 -- An investigation on behalf of investors of Santander Consumer USA Holdings Inc (NYSE:SC) shares over potential securities laws violations by Santander Consumer USA Holdings and certain of its directors and officers in connection certain financial statements was announced.

Investors who purchased shares of Santander Consumer USA Holdings Inc (NYSE:SC) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Santander Consumer USA Holdings Inc (NYSE:SC) concerning whether a series of statements by Santander Consumer USA Holdings regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Santander Consumer USA Holdings Inc went public in January 2014 and NYSE:SC shares reached $25.90 per share on March 3, 2014.

On March 6, 2014, Santander Consumer USA Holdings Inc reported that its annual Total Revenue rose from over $3.24 billion in 2012 to over $4.1 billion in 2013 while its respective Net Income declined from $715 million to $697.49 million.

Since then NYSE:SC shares lost substantial value. In fact, NYSE:SC shares declined from almost $26 per share in March 2014 to as low as $17.41 per share on August 14, 2014.

On August 15, 2014, NYSE:SC shares closed at $17.60 per share.

Those who purchased shares of Santander Consumer USA Holdings Inc (NYSE:SC) 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