NEW YORK, NY / ACCESSWIRE / August 1, 2023 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of NatWest Group plc ("NatWest Group" or "the Company") (NYSE:NWG). Investors who purchased NatWest Group securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site:www.bgandg.com/nwg.
The investigation concerns whether NatWest Group has violated federal securities laws.
Investigation Details:
On July 26, 2023, the BBC released an article entitled "NatWest boss Dame Alison Rose quits after row over Nigel Farage account." The article stated, "NatWest boss Dame Alison Rose has resigned hours after admitting she had made a mistake in speaking about Nigel Farage's relationship with the bank. She had been heavily criticized for being the source of an inaccurate BBC report about Mr. Farage's account at Coutts, which is part of NatWest Group."
Another article discussed how Rose leaked the inaccurate information regarding Farage's account to the BBC despite NatWest Group's stated policy on protecting privacy and customer confidentiality, in which it states, "We see privacy as a vital component to achieving our purpose and [it] is therefore embedded across all parts of our business", that "anyone breaching the [privacy] policy can be subject to disciplinary action" and that "All our customers [. . .] can therefore be confident that we treat protection of their data with the utmost seriousness."
On this news, NatWest Group American Depositary Receipts ("ADRs") declined as much as 3.1% in intraday trading on July 26, 2023.
What's Next?
If you are aware of any facts relating to this investigation or purchased NatWest Group securities, you can assist this investigation by visiting the firm's site:www.bgandg.com/nwg. You can also contact Peretz Bronstein or his law clerk and client relations manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Why Bronstein, Gewirtz & Grossman:
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.
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Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Nathanson
212-697-6484 | [email protected]
SOURCE: Bronstein, Gewirtz & Grossman, LLC