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Green Dot Corporation (NYSE: GDOT) Investor Investigation Over Potential Wrongdoing Announced

  • Investors who purchased shares of Green Dot Corporation (NYSE: GDOT) and currently hold any of those NYSE: GDOT shares have certain options and should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this investigation, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Investigation Overview

Company
Green Dot Corporation
Security
NYSE: GDOT

Summary

An investigation on behalf of current long-term investors in shares of Green Dot Corporation (NYSE: GDOT) was announced over potential breaches of fiduciary duties by certain officers and directors at Green Dot Corporation.

The investigation by a law firm concerns whether certain Green Dot directors breached their fiduciary duties and caused damage to the company and its shareholders.

Pasadena, CA based Green Dot Corporation operates as a financial technology and bank holding company in the United States. Green Dot Corporation reported that its annual Total Revenue rose from $890.15 million in 2017 to over $1.04 billion in 2018 and that its Net Income increased from $85.88 million in 2017 to $118.7 million in 2018.

Shares of Green Dot Corporation (NYSE: GDOT) declined from $66.81 per share on May 3, 2019 to $41.67 per share on May 9, 2019.

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