Encore Capital Group, Inc. (ECPG)
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Encore Capital Group, Inc. ("Encore" or "the Company") (NASDAQ: ECPG). The investigation concerns whether Encore and certain of its officers and/or directors have violated federal securities laws.
On September 8, 2020, the Consumer Financial Protection Bureau filed a complaint against Encore alleging that the Company and its subsidiaries violated a consent order “by suing consumers without possessing required documentation, using law firms and an internal legal department to engage in collection efforts without providing required disclosures, and failing to provide consumers with required loan documentation after consumers requested it.” Following this news, Encore stock dropped sharply on September 9, 2020, to close at $42.99 per share.
If you are aware of any facts relating to this investigation, or purchased Encore shares, you can assist this investigation by contacting the firm. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.