Investigation announced for Long-Term Investors in shares of CURO Group Holdings Corp. (NYSE: CURO)

An investigation was announced concerning potential breaches of fiduciary duties by certain directors of CURO Group Holdings Corp..

Investors who are current long term investors in CURO Group Holdings Corp. (NYSE: CURO) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm for investors in NYSE: CURO stocks follows a lawsuit filed against CURO Group Holdings Corp. over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE: CURO stocks, concerns whether certain CURO Group Holdings Corp. directors are liable in connection with the allegations made in that lawsuit.

According to that complaint filed in the U.S. District Court for the District of Kansas the plaintiff alleges that CURO Group Holdings Corp. and certain senior executives violated the Securities Exchange Act of 1934 by issuing false and misleading statements, including ongoing financial guidance, relating to CURO's efforts to transition its Canadian inventory of products from "Single-Pay Loans" to "Open-End Loans." More specifically, the plaintiff claims that between July 31, 2018 and October 24, 2018, the Defendants materially misrepresented to investors the deleterious effect that the up-front loan loss provisioning in connection with the transition was having on the Company's financial performance and 2018 full-year Company guidance, and that the truth was revealed after the market closed on October 24, 2018, when CURO Group Holdings Corp. announced disappointing financial results for the third quarter of 2018 and substantially reduced its guidance for full-year fiscal 2018.

Those who purchased shares of CURO Group Holdings Corp. (NYSE: CURO) have certain options and should contact the Shareholders Foundation.

Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

This release was published on openPR.