On or around 02/17/2017 (Notice of voluntarily dismissal)
Filing Date: January 17, 2017
According to the law firm press release, the Complaint alleges that defendants caused the Company to issue materially misleading statements and/or omit material information concerning the Company's business, operations and prospects following Springleaf Holdings, Inc.'s merger with OneMain Financial Holdings, LLC in violation of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934. In particular, the Complaint alleges that defendants caused the Company to issue materially misleading representations and/or omit material information regarding the projected net income to be achieved by the Company following, and in large part due to, the combination of OneMain Financial with Springleaf and the purported synergies achieved by the combined company.
Company & Securities Information
Defendant: OneMain Holdings, Inc.
Industry: Consumer Financial Services
Headquarters: United States
Ticker Symbol: OMF
Company Market: New York SE
Market Status: Public (Listed)
About the Company & Securities Data
"Company" information provides the industry and sector classification and headquarters state for the primary company-defendant in the litigation. In general, "Securities" information provides the ticker symbol, market, and market status for the underlying securities at issue in the litigation.
In most cases, the primary company-defendant actually issued the securities that are the subject of the litigation, and the securities information and company information relate to the same entity. In a small subset of cases, however, the primary company-defendant is not the issuer (for example, cases against third party brokers/dealers), and the securities information and company information do not relate to the same entity.
First Identified Complaint
Charles Paddock, et al. v. OneMain Holdings, Inc., et al.
COURT: S.D. Indiana
DOCKET #: 17-CV-00007
JUDGE: Hon. Richard L. Young
DATE FILED: 01/17/2017
CLASS PERIOD START: 03/03/2015
CLASS PERIOD END: 11/07/2016
PLAINTIFF FIRMS NAMED IN COMPLAINT:
Lifshitz & Miller 821 Franklin Avenue, Suite 209 , Lifshitz & Miller, NY 11530 (516) 493-9780 (516) 280-7376 ·
Parr Richey Frandsen Patterson Kruse LLP 251 N. Illinois Street, Suite 1800, Parr Richey Frandsen Patterson Kruse LLP, IN 46204 (317) 269-2500 (317) 269-2514 ·
First Identified Complaint (FIC) Filings:
Class Action Complaint for Violations of the Federal Securities Laws
U.S. District Court Civil Docket
Plaintiff's Rule 41(a)(1)(A)(i) Notice of Dismissal