NEW YORK, NY / ACCESSWIRE / March 13, 2017 / The Pawar Law Group announces it is investigating potential securities claims on behalf of shareholders of Citizens, Inc. (CIA) resulting from allegations that the Company may have issued materially misleading business information to the investing public.

On March 8, 2017, SeekingAlpha published an article stating that "Citizens sells insurance policies through a network of brokers who prey on foreign families and retirees with promises of 'guaranteed returns' backed by U.S. Treasuries that will secure retirements." But, the article charged, a portion of premiums paid by policyholders is sent to Citizens's transfer agent to make open market purchases of Citizens stock – thus artificially propping up Citizens's stock price. On this news, shares of Citizens fell sharply during intraday trading on March 8, 2017.

Our investigation concerns whether Citizens, Inc. issued false and misleading statements to investors causing investor losses. If you own Citizens, Inc. shares and wish to learn how to protect your investment and recover your losses in Citizens, Inc. stock, please visit http://pawarlawgroup.com/cases/citizens-inc/ or contact Vik Pawar at 212-571-0805.

Contact:

Vik Pawar, Esq.
Pawar Law Group
20 Vesey Street, Suite 1210
New York, NY 10007
Tel: (212) 571-0805
Fax: (212) 571-0938
vik@pawarlawgroup.com

SOURCE: Pawar Law Group