OneMain Holdings, Inc. ("OneMain") is an American financial services holding company headquartered in Evansville, Indiana.

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 ("Springleaf") merger with OneMain 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 with Springleaf and the purported synergies achieved by the combined company.

On February 17, 2017, the first identified case was voluntarily dismissed by Plaintiff. A related action continues in the Southern District of New York under 17-CV-01016.

On August 28, 2017, Defendants wrote a letter requesting dismissal of the amended Complaint. On December 12, 2018, the Court issued an Order denying Defendants' Motion to Dismiss the amended Complaint. The parties entered into a Stipulation and Agreement of Settlement on April 22, 2019. On May 1, the Court issued an Order granting preliminary approval of the Settlement. On August 9, the Court granted final approval of the Settlement and entered Final Judgment.