NEW YORK, Sept. 07, 2018 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C. reminds investors that the Firm is investigating potential claims against certain officers and directors of American Express Company (AXP).
On September 5, 2018, shortly before market close, media outlets reported that the Federal Bureau of Investigation (“FBI”) is probing pricing practices within American Express’ foreign-exchange unit. The FBI’s investigation reportedly focuses on whether the Company’s foreign-exchange international payments department misrepresented pricing to clients.
On this news, American Express’ stock price fell $1.61 per share, or 1.5%, over the following two trading days to close at $105.40 per share on September 6, 2018.
If you are a long term stockholder of American Express, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at email@example.com, or telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
Bragar Eagel & Squire, P.C. is a New York-based law firm concentrating in commercial and securities litigation. For additional information concerning our investigation into American Express Company please go to https://bespc.com/americanexpress/. For additional information about Bragar Eagel & Squire, P.C. please go to www.bespc.com.