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Deadline on Dec. 24th coming up in Lawsuit for Investors in First American Financial Corporation (NYSE: FAF)

12-09-2020 09:41 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

A Deadline is coming up on December 24, 2020 in the lawsuit for certain investors in First American Financial Corporation.

A Deadline is coming up on December 24, 2020 in the lawsuit for certain investors in First American Financial Corporation.

A deadline is coming up on December 24, 2020 in the lawsuit filed for certain investors of First American Financial Corporation (NYSE: FAF) over alleged securities laws violations by First American Financial Corporation.

Investors who purchased shares of First American Financial Corporation (NYSE: FAF) have certain options and there are strict and short deadlines running. Deadline: December 24, 2020. NYSE: FAF stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

According to the complaint filed in the U.S. District Court for the Central District of California the plaintiff alleges on behalf of purchasers of First American Financial Corporation (NYSE: FAF) common shares between February 17, 2017 and October 22, 2020, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between February 17, 2017 and October 22, 2020, the defendants made false and/or misleading statements and/or failed to disclose that the Company failed to implement basic security standards to protect its customers’ sensitive personal information and data, that the Company faced a heightened risk of cybersecurity failure due to its automation and efficiency initiatives, and that as a result, defendants’ public statements were materially false and misleading at all relevant times. According to the suit, these true details were disclosed by a market research firm.

Those who purchased shares of First American Financial Corporation (NYSE: FAF) have certain options and should contact the Shareholders Foundation.

Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

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