INVESTIGATION WARNING: Schall regulation agency proclaims it’s investigating claims towards Encore Capital Group, Inc. and encourages traders with $ 100,000 losses to contact the regulation agency – Enterprise Wire
LOS ANGELES–(BUSINESS WIRE) – Schall law firm, a national shareholder rights law firm, has announced that it is investigating claims on behalf of investors in Encore Capital Group, Inc. ("Encore" or "the Company") (NASDAQ: ECPG) for violations of the law the securities laws.
The investigation focuses on whether the company has made false and / or misleading statements and / or has failed to disclose information that is relevant to investors. The Consumer Financial Protection Bureau ("CFPB") filed a complaint against Encore and its subsidiaries on September 8, 2020. The complaint alleges the company violated a consent regulation by suing consumers without the required documentation, using law firms and an internal law department to engage in debt collection efforts without providing the required information, and fail to provide the necessary credit documents to consumers after consumers request it. "Based on the news, Encore's shares fell sharply over the next two trading sessions.
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We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 310-301-3335 to discuss your rights at no charge. You can also contact us on the company's website at www.schallfirm.com or by email at firstname.lastname@example.org.
Schall law firm represents investors around the world and specializes in class action and shareholder disputes.
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