Tue, 04 Oct 2022

NEW YORK, NY / ACCESSWIRE / August 4, 2022 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of U.S. Bancorp ('U.S. Bancorp' or the 'Company') (NYSE:USB). Investors who purchased U.S. Bancorp securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/usb.

Bronstein, Gewirtz and Grossman, LLC, Thursday, August 4, 2022, Press release picture

The investigation concerns whether U.S. Bancorp and certain of its officers and/or directors have violated federal securities laws.

On May 4, 2021, the Company announced an investigation by the Consumer Financial Protection Bureau ('CFPB') into its sales practices. Then, on July 29, 2022, U.S. Bancorp was fined by the CFPB for illegally accessing its customers' credit reports and opening checking and savings accounts, credit cards, and lines of credit without customers' permission. On this news, U.S. Bancorp's stock price fell $0.92 per share, or almost 2%, to close at $47.20 per share on July 29, 2022.

If you are aware of any facts relating to this investigation or purchased U.S. Bancorp shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/usb. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.

Bronstein, Gewirtz & Grossman, LLC represents investors in securities fraud class actions and shareholder derivative suits. The firm has recovered hundreds of millions of dollars for investors nationwide. Attorney advertising. Prior results do not guarantee similar outcomes.


Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Nathanson
212-697-6484 | info@bgandg.com

SOURCE: Bronstein, Gewirtz & Grossman, LLC

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