BENSALEM, Pa.–(BUSINESS WIRE)–$ECPG #classaction–Law Offices of Howard G. Smith announces an investigation on behalf of Encore Capital Group, Inc. (“Encore” or the “Company”) (NASDAQ: ECPG) investors concerning the Company’s possible violations of federal securities laws.
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 during intraday trading on September 9, 2020.
If you purchased Encore securities, have information or 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 Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to [email protected], or visit our website at www.howardsmithlaw.com.
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