{"id":81407,"date":"2022-10-29T05:10:38","date_gmt":"2022-10-29T05:10:38","guid":{"rendered":"https:\/\/pr.asianetpakistan.com\/?p=101068"},"modified":"2022-10-29T05:10:38","modified_gmt":"2022-10-29T05:10:38","slug":"rosen-global-investor-counsel-encourages-u-s-bancorp-investors-to-secure-counsel-before-important-deadline-in-securities-class-action-usb","status":"publish","type":"post","link":"https:\/\/lebanonnewsgazette.com\/rosen-global-investor-counsel-encourages-u-s-bancorp-investors-to-secure-counsel-before-important-deadline-in-securities-class-action-usb\/","title":{"rendered":"ROSEN, GLOBAL INVESTOR COUNSEL, Encourages U.S. Bancorp Investors to Secure Counsel Before Important Deadline in Securities Class Action \u2013 USB"},"content":{"rendered":"
\n

NEW YORK, Oct. 28, 2022 (GLOBE NEWSWIRE) — WHY: <\/strong>Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of U.S. Bancorp (NYSE: USB) between August 1, 2019 and July 28, 2022, both dates inclusive (the \u201cClass Period\u201d). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than December 27, 2022<\/strong>.<\/p>\n

SO WHAT:<\/strong> If you purchased U.S. Bancorp securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.<\/p>\n

WHAT TO DO NEXT: <\/strong>To join the U.S. Bancorp class action, go to https:\/\/rosenlegal.com\/submit-form\/?case_id=9420<\/a> or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com<\/a> or cases@rosenlegal.com<\/a> for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than December 27, 2022<\/strong>. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.<\/p>\n

WHY ROSEN LAW: <\/strong>We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs\u2019 Bar. Many of the firm\u2019s attorneys have been recognized by Lawdragon and Super Lawyers.<\/p>\n

DETAILS OF THE CASE: <\/strong>According to the lawsuit, throughout the Class Period, defendants made false and\/or misleading statements and\/or failed to disclose that: (1) U.S. Bank National Association (U.S. Bancorp\u2019s banking subsidiary) created sales pressure on its employees that led them to open credit cards, lines of credit, and deposit accounts without consumers’ knowledge and consent; (2) since at least 2015, U.S. Bank National Association and by extension, U.S. Bancorp, was aware of such unauthorized conduct that it was violating relevant regulations and laws aimed at protecting its consumers; (3) U.S. Bancorp failed to properly monitor its employees from engaging in such unlawful conduct, detect and stop the misconduct, and identify and remediate harmed consumers; (4) all the foregoing subjected the Company to a foreseeable risk of heightened regulatory scrutiny or investigation; (5) U.S. Bancorp’s revenues were in part the product of unlawful conduct and thus unsustainable; and (6) as a result, defendants\u2019 public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.<\/p>\n

To join the U.S. Bancorp class action, go to https:\/\/rosenlegal.com\/submit-form\/?case_id=9420<\/a> or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com<\/a> or cases@rosenlegal.com<\/a> for information on the class action.<\/p>\n

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor\u2019s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.<\/p>\n

Follow us for updates on LinkedIn: https:\/\/www.linkedin.com\/company\/the-rosen-law-firm<\/a>, on Twitter: https:\/\/twitter.com\/rosen_firm<\/a> or on Facebook: https:\/\/www.facebook.com\/rosenlawfirm\/<\/a>.<\/p>\n

Attorney Advertising. Prior results do not guarantee a similar outcome.<\/p>\n

Contact Information:<\/p>\n

\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Laurence Rosen, Esq.
\nPhillip Kim, Esq.
\nThe Rosen Law Firm, P.A.
\n275 Madison Avenue, 40th Floor
\nNew York, NY 10016
\nTel: (212) 686-1060
\nToll Free: (866) 767-3653
\nFax: (212) 202-3827
\n
lrosen@rosenlegal.com<\/a>
\n
pkim@rosenlegal.com<\/a>
\n
cases@rosenlegal.com<\/a>
\n
www.rosenlegal.com<\/a><\/p>\n<\/div>\n

GlobeNewswire Distribution ID 8684909<\/p>\n","protected":false},"excerpt":{"rendered":"

NEW YORK, Oct. 28, 2022 (GLOBE NEWSWIRE) \u2014 WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of U.S. Bancorp (NYSE: USB) between August 1, 2019 and July 28, 2022, both dates inclusive (the \u201cClass Period\u201d). A class action [\u2026]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17,53,343],"tags":[],"yoast_head":"\nROSEN, GLOBAL INVESTOR COUNSEL, Encourages U.S. Bancorp Investors to Secure Counsel Before Important Deadline in Securities Class Action \u2013 USB - Lebanon News Gazette<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/lebanonnewsgazette.com\/rosen-global-investor-counsel-encourages-u-s-bancorp-investors-to-secure-counsel-before-important-deadline-in-securities-class-action-usb\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ROSEN, GLOBAL INVESTOR COUNSEL, Encourages U.S. Bancorp Investors to Secure Counsel Before Important Deadline in Securities Class Action \u2013 USB - Lebanon News Gazette\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, Oct. 28, 2022 (GLOBE NEWSWIRE) \u2014 WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of U.S. Bancorp (NYSE: USB) between August 1, 2019 and July 28, 2022, both dates inclusive (the \u201cClass Period\u201d). 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