Contact a Lawyer Now
Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until June 8, 2020 to file lead plaintiff applications in a securities class action lawsuit against Fifth Third Bancorp (NasdaqGS: FITB).
Fifth Third and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
On March 2, 2020, the Company filed its 2019 10-K, also disclosing that the U.S. Consumer Financial Protection Bureau (“CFPB”) “notified Fifth Third that it intends to file an enforcement action in relation to alleged unauthorized account openings.” This admission and subsequent additional disclosures caused the Company’s stock price to fall, injuring shareholders.
If you purchased securities of Fifth Third and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (firstname.lastname@example.org), or fill out the form on this page.
The case is Lee Christakis, et al. v. Fifth Third Bancorp, et al, 20-cv-02176.
Click here to read the first filed complaint.