NEW YORK, Dec. 16, 2022 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against TransUnion (NYSE: TRU) on behalf of long-term stockholders following a class action complaint that was filed against TransUnion on November 30, 2022. Our investigation concerns whether the board of directors of TransUnion have breached their fiduciary duties to the company.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. TransUnion is the subject of a 2017 consent order issued by the Consumer Financial Protection Bureau ("CFPB"). Despite the consent order, the CFPB announced it was filing a lawsuit against TransUnion, related parties, and former executives on April 12, 2022. The CFPB said in a press release, “TransUnion is an out-of-control repeat offender that believes it is above the law. …TransUnion’s leadership is either unwilling or incapable of operating its businesses lawfully.” The Company could also face another investigation of its business practices with consumers.
If you are a long-term stockholder of TransUnion, 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 or Melissa Fortunato by email at investigations@bespc.com, by telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
About Bragar Eagel & Squire, P.C.:
Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York and California. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.
Contact Information:
Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Melissa Fortunato, Esq.
(212) 355-4648
investigations@bespc.com
www.bespc.com
