Investor

Medallion Financial Investor Alert | 2022-01-10 | Press Releases

James (Josh) Wilson, Securities Litigation Partner, encourages investors who have suffered losses greater than $ 50,000 in Medallion Financial to contact him directly to discuss their options

New York, New York – (Newsfile Corp. – January 10, 2022) – Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Medallion Financial Corp. (“Medallion Financial” or the “Company”) (NASDAQ: MFIN).

If you have suffered losses greater than $ 50,000 while investing in Medallion Financial stocks or options and want to discuss your legal rights, call partner Faruqi & Faruqi Josh Wilson directly at 877-247-4292 Where 212-983-9330 (ext. 1310). You can alsoClick here for more information : http://www.faruqilaw.com/MFIN.

There is no cost or obligation for you.

Faruqi & Faruqi is a leading national minority and women-owned securities law firm, with offices in New York, Delaware, Pennsylvania, California and Georgia.

Before the market opened on December 29, 2021, the United States Securities and Exchange Commission (“SEC”) filed a complaint alleging that the taxi medallion finance company and two of its executives had engaged in two schemes. in an attempt to reverse the decline in the company’s stock price. .

The charges in the complaint include violation of the anti-fraud provisions, books and records, internal controls and anti-bragging provisions of federal securities laws, among others.

On December 29, 2021, shares of Medallion Financial fell more than 50% in both pre-market and intraday trading.

Lawyer advertising. The law firm responsible for this announcement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Past results do not guarantee or predict a similar result with respect to any future matters. We welcome the opportunity to discuss your particular case. All communications will be treated confidentially.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/109631