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Investigation announced for Investors in shares of Ally Financial Inc. (NYSE: ALLY) over possible Violations of Securities Laws

10-27-2022 12:35 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation for investors in Ally Financial Inc. (NYSE: ALLY) shares over potential securities laws violations.

An investigation for investors in Ally Financial Inc. (NYSE: ALLY) shares over potential securities laws violations.

An investigation on behalf of investors of Ally Financial Inc. (NYSE: ALLY) shares over potential securities laws violations by Ally Financial Inc. and certain of its directors and officers in connection with certain financial statements was announced.

Investors who purchased shares of Ally Financial Inc. (NYSE: ALLY), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Ally Financial Inc. (NYSE: ALLY) concerning whether a series of statements by Ally Financial Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

On October 18, 2022, Detroit, MI based Ally Financial Inc announced Jennifer A. LaClair has departed from her position as chief financial officer.

On Oct. 19, 2022, Ally Financial Inc reported its third-quarter financial results. Net income fell to $272 million or 88 cents a share, from $712 million, or $1.89 a share, in the year-ago quarter. Adjusted profit fell to $1.12 a share from $2.16 a share in the year-ago quarter.

Shares of Ally Financial Inc. (NYSE: ALLY) declined to $25.33 per share on October 20, 2022.

Those who purchased shares of Ally Financial Inc. (NYSE: ALLY) have certain options and should contact the Shareholders Foundation.

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 lawsuits, 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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