USB - US BANCORP ALERT: Bragar Eagel & Squire P.C. is Investigating US Bancorp on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm | Benzinga
NEW YORK, Jan. 01, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against US Bancorp (NYSE:USB) on behalf of long-term stockholders following a class action complaint that was filed against US Bancorp on October 25, 2022 with a Class Period from August 1, 2019 to July 28, 2022. Our investigation concerns whether the board of directors of US Bancorp have breached their fiduciary duties to the company.
Throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operational and compliance policies. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (a) US Bank created sales pressure on its employees that led them ...