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

IMPORTANT JUNE DEADLINE: The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against Peloton Interactive, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

4:45 pm ET June 11, 2021 (Accesswire) Print

LOS ANGELES, CA / ACCESSWIRE / June 11, 2021 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Peloton Interactive, Inc. ('Peloton' or 'the Company') (NASDAQ:PTON) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Image: https://s.yimg.com/it/api/res/1.2/zBI9DMcawbvxUmnXOluesQ--~A/YXBwaWQ9eW5ld3M7c209MTt3PTgwMDtpbD1wbGFuZQ--/https://www.accesswire.com/users/newswire/images/549354/shaw%20law%20logo.png.cf.jpg

Investors who purchased the Company's securities between September 11, 2020 and April 16, 2021, inclusive (the ''Class Period''), are encouraged to contact the firm before June 28, 2021.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at brian@schallfirm.com.

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. Peloton's Tread+ product was a serious safety risk to small children and pets, resulting in multiple incidents of injury to both including the tragic death of one child. The Company knew about the safety risk but did not treat safety as a priority, failing to recall or suggest a usage halt of the Tread+. The U.S. Consumer Product Safety Commission ('CPSC') announced that the Tread+ represented a serious risk to public safety and urged consumers with small children to stop using the product. The CPSC also found that the Tread+ represented a safety risk to consumers that lost their balance. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Peloton, investors suffered damages.

Join the case to recover your losses.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:

The Schall Law Firm

Brian Schall, Esq.,

www.schallfirm.com

Office: 310-301-3335

info@schallfirm.com

SOURCE: The Schall Law Firm

View source version on accesswire.com:

https://www.accesswire.com/651488/IMPORTANT-JUNE-DEADLINE-The-Schall-Law-Firm-Reminds-Investors-of-a-Class-Action-Lawsuit-Against-Peloton-Interactive-Inc-and-Encourages-Investors-with-Losses-in-Excess-of-100000-to-Contact-the-Firm

comtex tracking

COMTEX_388155356/2457/2021-06-11T16:45:28

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