Medallion Financial Corp.

Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Medallion Financial Corp. (NASDAQ: MFIN) resulting from allegations that Medallion may have issued materially misleading business information to the investing public.

If you purchased Medallion securities and would like to join the prospective action, please click “Join This Class Action.”

If you purchased Medallion securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

Details of investigation:

On December 29, 2021, before the market opened, the U.S. Securities and Exchange Commission (“SEC”), filed a complaint alleging the Company and two of its corporate officers engaged in schemes in attempts to reverse the Company’s declining stock price. Charges in the complaint include violating antifraud, books and records, internal controls, and anti-touting provisions of federal securities laws amongst others.

On this news, Medallion’s stock price fell sharply during intraday trading on December 29, 2021.

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Company Name: Medallion Financial Corp.
Stock Symbol: MFIN
Class Period: N/A
Court: N/A

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The Rosen Law Firm has been ranked among the top 4 law firms each year since 2013 for the number of successful securities class actions on behalf of investors. In 2019 alone, our firm recovered $438 million for investors.

Investors should carefully identify and select experienced counsel with a track record of success leading securities class actions. Often other firms issue press releases about class actions yet do not have comparable experience or resources.

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The Rosen Law Firm represents investors throughout the globe. Our mission is to prosecute securities fraud class actions and protect shareholders’ rights.

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