IMPORTANT INVESTOR ALERT: Lundin Law PC Announces Securities Class Action Lawsuit against Citizens, Inc. and Reminds Investors with Losses to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / April 25, 2017 / Lundin Law PC, a shareholder rights firm, announces a class action lawsuit against Citizens, Inc. ("Citizens" or the "Company") (CIA) concerning possible violations of federal securities laws between March 11, 2015 and March 8, 2017, inclusive (the "Class Period"). Investors, who purchased or otherwise acquired shares during the Class Period, should contact the firm prior to the May 15, 2017 lead plaintiff motion deadline.
To participate in this class action lawsuit, click here. You can also call Brian Lundin, Esq., of Lundin Law PC, at 888-713-1033, or e-mail him at brian@lundinlawpc.com.
No class has been certified in the above action. Until a class is certified, you are not considered represented by an attorney. You may also choose to do nothing and be an absent class member.
The Complaint states that throughout the Class Period, the Company violated federal securities laws. On March 8, 2017, SeekingAlpha released an article claiming that some premiums paid by policyholders are sent to Citizens' transfer agent with the intention of rendering market purchases of Citizens stock - artificially inflating the Company's stock price. When this information reached the investing public, Citizens' stock price fell significantly, thus harming investors according to the Complaint.
Lundin Law PC was founded by Brian Lundin, a securities litigator based in Los Angeles dedicated to upholding shareholders' rights.
This press release may be considered Attorney Advertising in certain jurisdictions under the applicable law and ethical rules.
Contact:
Lundin Law PC
Brian Lundin, Esq.
Telephone: 888-713-1033
Facsimile: 888-713-1125
brian@lundinlawpc.com
http://lundinlawpc.com/
SOURCE: Lundin Law PC
