Rosen law firm files securities class action lawsuit against capital one financial corporation

Rosen law firm announced it has filed a class action lawsuit on behalf of purchasers of the securities of capital one financial corporation from february 2, 2018 through june 29, 2019, inclusive. the lawsuit seeks to recover damages for capital one investors under the federal securities laws. according to the lawsuit, defendants throughout the class period made false and/or misleading statements and/or failed to disclose that: the company did not maintain robust information security protections, and its protection did not shield personal information against security breaches; such deficiencies heightened the company’s exposure to a cyber-attack; and as a result, capital one’s 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. a class action lawsuit has already been filed. a lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
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