|Company name||Encore Capital Group|
NEW YORK, September 14, 2020 – Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Encore Capital Group (NASDAQ: ECPG) on behalf of Encore stockholders. Our investigation concerns whether Encore has violated the federal securities laws and/or engaged in other unlawful business practices.
On September 8, 2020, the Consumer Financial Protection Bureau (“CFPB”) filed a complaint alleging that Encore and its subsidiaries violated a consent order “by suing consumers without possessing required documentation, using law firms and an internal legal department to engage in collection efforts without providing required disclosures, and failing to provide consumers with required loan documentation after consumers requested it.”
On this news, the Company’s share price fell sharply on September 9, 2020, to close at $42.99 per share.
If you purchased or otherwise acquired Encore shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker, Melissa Fortunato, or Marion Passmore by email at firstname.lastname@example.org, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.