Shuman Law Firm announces that it is investigating potential
shareholder claims against certain officers and directors of OneMain
Holdings, Inc. (“OneMain” or the “Company”) (NYSE: OMF).
OneMain is a consumer finance and insurance company.
The Firm’s investigation relates to allegations found in a lawsuit that
OneMain violated federal securities laws in relation to its merger with
Springleaf Holdings, Inc. In particular, the plaintiff alleges that the
defendants misstated the purported synergies achieved by the combined
company. On November 7, 2016, the Company announced concerns related to
the merger integration, disappointing third-quarter results and
disclosed that it was lowering guidance for full-year 2016 and 2017.
OneMain’s stock fell from $28.34 per share to a close of $16.90 per
share (or more than 35%) following this news. The Company recently
announced that it had settled these federal securities claims for $9
If you currently own OneMain common stock and are interested in
discussing your rights, or have information relating to this
investigation, please contact Kip B. Shuman or Rusty E. Glenn toll free
at (866) 569-4531 or email Mr. Shuman at firstname.lastname@example.org
or Mr. Glenn at email@example.com.
The Shuman Law Firm represents investors throughout the nation,
concentrating its practice in stockholder litigation.
THE SHUMAN LAW FIRM
Kip B. Shuman, Esq.
Rusty E. Glenn, Esq.
Montgomery Street, Ste. 1800
San Francisco, CA 94104