EQUITY ALERT: The Rosen Law Firm Announces Investigation of Securities Claims Against MoneyGram International Inc.

NEW YORK--(BUSINESS WIRE)--

The Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of investors of MoneyGram International Inc. MGI resulting from allegations that MoneyGram International may have issued materially misleading business information to the investing public.

On April 17, 2014, MoneyGram International disclosed that its critical partner, Wal-Mart, had introduced a competing money transfer and financial services provider in all of its current wire transfer locations across the United States. The information was revealed by the Company shortly after it had completed a secondary offering on MGI shares. On this news, shares of MoneyGram International fell $3.18 per share or over 17% to close at $14.81 per share on April 17, 2014.

The Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by MoneyGram International investors. If you purchased shares of MoneyGram International on or before April 17, 2014, please visit the firm's website at http://rosenlegal.com/cases-666.html for more information. You may also contact Phillip Kim, Esq. or Kevin Chan, Esq. of The Rosen Law Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com or kchan@rosenlegal.com.

The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.

Attorney Advertising. Prior results do not guarantee a similar outcome.

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