An investigation on behalf of investors of CIT Group Inc. (NYSE:CIT) shares over potential securities laws violations by CIT Group Inc and certain of its directors and officers was announced.
Investors who purchased shares of CIT Group Inc. (NYSE:CIT), 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 CIT Group Inc. (NYSE:CIT) concerning whether certain statements by CIT Group Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On March 1, 2017 CIT Group Inc disclosed that it is unable to file its Annual Report on Form 10-K for the period ended December 31, 2016 by the prescribed deadline (March 1, 2017) without unreasonable effort or expense. CIT Group Inc said it is revising its financial statements for certain immaterial errors that impact the financial statements for the Years Ended December 31, 2015 and 2014 as well as each of the quarters for the years ended December 31, 2016 and 2015.
On March21, 2017, NYSE:CIT shares closed at $40.21 per share.
Those who purchased NYSE:CIT 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 NYSE:CIT Investor Alert: Investigation over possible Violations of Securities Laws by CIT Group Inc. appeared first on GroundReport.
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