NEW YORK, March 24, 2021 (GLOBE NEWSWIRE) – Scott + Scott Lawyers LLP (“Scott + Scott”), an international securities and consumer litigation law firm, is investigating certain directors and officers of Alliance Data Systems Corporation (“ADS”) (NYSE: ADS) for breach of its fiduciary duty to ADS and its shareholders. If you are an ADS shareholder, you can contact Attorney Joe Pettigrew at 844-818-6982 or toll free for more information [email protected].
Scott + Scott is investigating whether the board of directors or the management of ADS has not managed ADS in an acceptable manner in breach of their fiduciary duties towards ADS and whether ADS has suffered damage as a result.
On January 27, 2021, it was announced that Epsilon Data Management LLC (“Epsilon”), a unit of Publicis Groupe SA (“Publicis”), agreed to pay US $ 150 million for the settlement of a criminal case, Selling information from over 30 million consumers engaged in fraud programs over a nine year period ending July 2017. ADS owned Epsilon at the time of the alleged wrongdoing and compensated Publicis for the losses incurred when it sold Epsilon to Publicis in 2019.
What you can do
If you are an ADS shareholder, you may have legal claims against the directors and officers of ADS. To discuss this investigation, or if you have any questions about this notice or your statutory rights, please contact Attorney Joe Pettigrew toll-free at 844-818-6982 or [email protected]
About Scott + Scott
Scott + Scott has extensive experience pursuing major securities, antitrust, and consumer law litigation in the United States. The company represents pension funds, foundations, individuals and other companies worldwide with offices in New York, London, Amsterdam, Connecticut, California, Virginia and Ohio.
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