NEW YORK, Dec. 29, 2022 (GLOBE NEWSWIRE) — Bragar Eagel & Squire, PC, a nationally recognized shareholder rights law firm, is investigating potential claims against TransUnion TRUE on behalf of long-standing shareholders following a class action lawsuit filed against TransUnion on November 30, 2022. Our investigation concerns whether TransUnion’s board of directors has failed in its fiduciary duty to the company.
The investigation focuses on whether the company made false and/or misleading statements and/or failed to disclose information relevant to investors. TransUnion is the subject of a 2017 Consent Order issued by the Consumer Financial Protection Bureau (“CFPB”). Despite the consent order, the CFPB announced it would file a lawsuit against TransUnion, related parties and former executives on April 12, 2022. The CFPB said in a press release: “TransUnion is a runaway repeat offender who believes it is above the law. … The leadership of TransUnion is either unwilling or unable to conduct its business lawfully.” The company could also face further investigation into its business practices with consumers.
If you are a long-time shareholder of TransUnion, have any information, would like to learn more about these allegations, or have any questions about this announcement or your rights or interests related to these matters, please email Brandon Walker or Melissa Fortunato at investigations@bespc.comby phone at (212) 355-4648 or by fill out this contact form. There are no costs or obligations for you.
About Bragar Eagle & Squire, PC:
Bragar Eagel & Squire, PC is a nationally recognized law firm with offices in New York and California. The firm represents individual and institutional investors in commercial, securities, derivatives and other complex litigation in state and federal courts across the country. More information about the company can be found at www.bespc.com. attorney advertising. Previous results do…
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