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Tuesday, 11/22/2011 12:55:26 AM

Tuesday, November 22, 2011 12:55:26 AM

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Encore Capital Group (ECPG) Under Investigation Following Robo-Signing Allegations by State Attorneys General

October 4, 2011 4:09 PM EDT

Goldfarb Branham LLP is investigating whether the board of directors of Encore Capital Group (Nasdaq: ECPG) violated shareholder protection laws by allegedly breaching fiduciary duties through engaging in unjust enrichment and wasting corporate assets.

Concerned investors are encouraged to contact attorney Hamilton Lindley at 877-583-2855 or hlindley@goldfarbbranham.com about their rights and remedies.

"The company is accused of illegal and unethical actions in its consumer debt recovery business, including, but not limited to, falsifying affidavits in order to circumnavigate clients' right to due process," securities lawyer Hamilton Lindley said. "Our proposed shareholder derivative lawsuit seeks to ensure that proper controls are placed to maximize the company's profitability through proper and legal business."


http://www.streetinsider.com/Corporate+News/Encore+Capital+Group+(ECPG)+Under+Investigation+Following+Robo-Signing+Allegations+by+State+Attorneys+General/6832631.html


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