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ROSEN, A LEADING AND LONGSTANDING FIRM, Continues to Investigate Securities Claims Against Encore Capital Group - ECPG

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NEW YORK, Oct. 28, 2020 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Encore Capital Group (NASDAQ: ECPG) resulting from allegations that Encore Capital may have issued materially misleading business information to the investing public.

On September 8, 2020, the Consumer Financial Protection Bureau ("CFPB") filed a complaint alleging that Encore and its subsidiaries violated a consent order "by suing consumers without possessing required documentation, using law firms and an internal legal department to engage in collection efforts without providing required disclosures, and failing to provide consumers with required loan documentation after consumers requested it."

On this news, shares of Encore fell $3.59 per share, or nearly 10%, to close at $42.29 on September 9, 2020, damaging investors.

Rosen Law Firm is preparing a securities lawsuit on behalf of Encore Capital shareholders. If you purchased securities of Encore Capital please visit the firm's website at http://www.rosenlegal.com/cases-register-1944.html to join the securities action. You may also contact Phillip Kim of Rosen Law Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com or cases@rosenlegal.com.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. 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 3 each year since 2013. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm's attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

      Laurence Rosen, Esq.
      Phillip Kim, Esq.
      The Rosen Law Firm, P.A.
      275 Madison Avenue, 40th Floor
      New York, NY 10016
      Tel: (212) 686-1060
      Toll Free: (866) 767-3653
      Fax: (212) 202-3827
      lrosen@rosenlegal.com
      pkim@rosenlegal.com
      cases@rosenlegal.com
      www.rosenlegal.com

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SOURCE THE ROSEN LAW FIRM, P.A.

Encore Capital Group, Inc.

NASDAQ:ECPG

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8.86%
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SAN DIEGO

About ECPG

encore capital group is a leading provider of debt management and recovery solutions for consumers and property owners across a broad range of assets. through its subsidiaries, the company purchases portfolios of consumer receivables from major banks, credit unions, and utility providers, and partners with individuals as they repay their obligations and work toward financial recovery. through its propel financial services subsidiary, the company assists property owners who are delinquent on their property taxes by structuring affordable monthly payment plans. headquartered in san diego, encore is a publicly traded nasdaq global select company (ticker symbol: ecpg) and a component stock of the russell 2000, the s&p smallcap 600, and the wilshire 4500. more information about our company can be found at http://www.encorecapital.com.