OneMain Holdings Inc
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Financials : Consumer Finance | Mid Cap Value
Company profile

OneMain Holdings, Inc. is a financial services holding company. The Company is a consumer finance company, which is engaged in providing personal loan products; credit and non-credit insurance, and service loans owned by it and service or subservice loans owned by third-parties. The Company's segments include Consumer and Insurance; Acquisitions and Servicing; Real Estate, and Other. It is engaged in pursuing strategic acquisitions and dispositions of assets and businesses, including loan portfolios or other financial assets. The Company originates and services personal loans (secured and unsecured) through two business divisions: branch operations and centralized operations. As of December 31, 2016, its combined branch operations included over 1,800 branch offices in 44 states. It offers optional credit insurance products to its customers, including credit life insurance, credit disability insurance, credit involuntary unemployment insurance and collateral protection insurance.

Closing Price
$61.51
Day's Change
1.93 (3.24%)
Bid
--
Ask
--
B/A Size
--
Day's High
61.60
Day's Low
60.50
Volume
(Heavy Day)
Volume:
1,737,429

10-day average volume:
976,143
1,737,429

PELOTON SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Peloton Interactive, Inc. - PTON

10:28 pm ET June 10, 2021 (Newsfile) Print

New Orleans, Louisiana--(Newsfile Corp. - June 10, 2021) - Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have untilJune 28, 2021 to file lead plaintiff applications in a securities class action lawsuit against Peloton Interactive, Inc. (NASDAQ: PTON), if they purchased the Company's securities between September 11, 2020 and May 5, 2021, inclusive (the "Class Period"). This action is pending in the United States District Court for the Eastern District of New York.

What You May Do

If you purchased securities of Peloton 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 (lewis.kahn@ksfcounsel.com), or visit https://www.ksfcounsel.com/cases/nasdaqgs-pton/ to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by June 28, 2021.

About the Lawsuit

Peloton and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.

On May 5, 2021, the Company disclosed two separate recalls of its Tread+ and Tread treadmills following numerous reports of injury, advising that it had stopped sales and distribution and that "[c]onsumers who have purchased either treadmill should immediately stop using it and contact Peloton for a full refund or other qualified remedy."

On this news, shares of Peloton plummeted 14%, or $14.08 per share, to close at $82.62 per share on May 5, 2021.

The case is Wilson v. Peloton Interactive, Inc., et al., 21-cv-03299.

About Kahn Swick & Foti, LLC

KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. KSF serves a variety of clients - including public institutional investors, hedge funds, money managers and retail investors - in seeking to recover investment losses due to corporate fraud and malfeasance by publicly traded companies. KSF has offices in New York, California and Louisiana.

To learn more about KSF, you may visit www.ksfcounsel.com.

Contact:

Kahn Swick & Foti, LLC

Lewis Kahn, Managing Partner

lewis.kahn@ksfcounsel.com

1-877-515-1850

1100 Poydras St., Suite 3200

New Orleans, LA 70163

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/87275

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