|By PR Newswire||
|August 27, 2014 05:19 PM EDT||
NEW YORK, Aug. 27, 2014 /PRNewswire/ -- Securities lawyers at Dunnam & Dunnam are investigating allegations for Santander shareholders (NYSE: SC). Concerned SC investors who purchased between January 22, 2014 and August 26, 2014 are encouraged to contact securities attorney Hamilton Lindley by clicking here.
A federal complaint filed in the Southern District of New York claims that the company had received a civil subpoena requesting the production of documents and communications related to the Company's underwriting and securitization of nonprime auto loans since 2007 from the US Government. Following this news, shares of Santander declined over 1% to close on August 8, 2014, at $17.95 per share, representing a 25% decline in Santander's stock price from the IPO price of $24.00. Dunnam & Dunnam's potential shareholder lawsuit will seek to ensure that Santander works to enrich shareholders, not just the management.
Dunnam & Dunnam has significant experience representing shareholders in securities lawsuits nationwide. SC stockholders – or anyone with knowledge about this situation – should contact lawyer Hamilton Lindley at [email protected] with questions or concerns toll free at 844-702-2990 or visit http://www.dunnamlaw.com/SC.
SOURCE Dunnam & Dunnam
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