Shareholder Class Action

Directors are selling Genworth Financial too cheaply through an unfair process to China Oceanwide Holdings Group, for $5.43 a share or $2.7 billion, shareholders say in a federal class action.

WILMINGTON, Del. – Directors are selling Genworth Financial too cheaply through an unfair process to China Oceanwide Holdings Group, for $5.43 a share or $2.7 billion, shareholders say in a federal class action.