An investigation for investors in OTCMKTS:HMCBF shares was announced concerning possible violations of securities laws by Home Capital Group Inc and certain of its directors and officers.
Investors who purchased shares of Home Capital Group Inc (OTCMKTS: HMCBF), have certain options and should contact the Shareholders Foundation at [email protected] or call +1(858) 779 – 1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of HOME CAPITAL GROUP COM NPV (OTCMKTS: HMCBF) concerning certain statements by Home Capital Group Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Home Capital Group Inc. is a Canada-based holding company, which operates primarily through its subsidiary, Home Trust Company, that through its subsidiary, offers residential and non-residential mortgage lending, securitization of insured residential first mortgage products, consumer lending and credit card products.
On February 10, 2017, Home Capital Group Inc. disclosed that the Ontario Securities Commission has reached the preliminary conclusion that Home Capital Group Inc. failed to meet its continuous disclosure obligations” in 2014 and 2015 and served an enforcement notice on Home Capital Group Inc. The enforcement notice is related to Home Capital Group’s disclosure in 2015 of the discovery that some information on loan applications had been falsified and the subsequent remedial taken in response.
Shares of Home Capital Group Inc. (OTCMKTS: HMCBF) closed on February 24, 2017, at $20.09 per share.
Those who purchased OTCMKTS: HMCBF shares 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
[email protected]
The post OTCMKTS:HMCBF Investor Notice: Investigation over possible Securities Laws Violations by Home Capital Group Inc appeared first on GroundReport.
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