Heartland Payment Systems, Inc Investor Investigation
If you purchased Heartland Payment Systems, Inc (NYSE:HPY) common stock between August 5, 2008 and February 23, 2009, you have certain options and you should contact the Shareholders Foundation, Inc. immediately!
You may contact us by using this form, or by sending an email to mail@shareholdersfoundation.com, or calling us at (858) 779-1554.
Company Name(s): Heartland Payment Systems
Affected Securities: NYSE: HPY (Editor's Note: Soon to be SAD)
According to a press release there is an investigation on behalf of investors in Heartland Payment Systems, Inc. (NYSE:HPY) concerning possible securities violations related to public statements made by the Company between August 5, 2008 and February 23, 2009 was announced.
According to the press release the investigation by a law firm focuses on allegations that statements made by Heartland Payment Systems, Inc (“Heartland“) between August 5, 2008 and February 23, 2009 were false and misleading and failed to disclose or indicate, among other things, that Heartland’s safety and security measures designed to protect consumers' financial records and data from security breaches were inadequate and ineffective; Heartland faced liabilities associated with a breach of its payment processing network and increasing costs associated with implementing appropriate security measures; and as a result of a breach its payment processing network, Heartland was at risk of losing customers. Heartland Payment Systems, Inc. is primarily engaged in providing bank card payment processing services to merchants in the United States.
