LOS ANGELES, Aug. 31, 2023 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP ("GPM") reminds investors of the upcoming October 3, 2023 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired KeyCorp ("Key" or the "Company") (NYSE:KEY) securities between February 27, 2020 and June 9, 2023, inclusive (the "Class Period").
If you suffered a loss on your Key investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you can submit your contact information at Iwww.glancylaw.com/cases/KeyCorp/. You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at shareholders@glancylaw.com to learn more about your rights.
On March 6, 2023, Key disclosed that it had revised its Full Year 2023 financial guidance, estimating net interest income will rise only 1% to 4%, compared to the previous estimate of 6% to 9%. On this news, Key's stock price fell $0.60, or 3.3%, to close at $17.55 per share on March 7, 2023, thereby injuring investors.
Then, on March 13, 2023, following the collapses of multiple banks, investors grew concerned over Key's ...
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