Press release
Investigation announced for Investors in FirstCash, Inc. (NASDAQ: FCFS) over possible Violations of Securities Laws
An investigation for investors in FirstCash, Inc. (NASDAQ: FCFS) shares over potential securities laws violations by FirstCash.
Investors who purchased shares of FirstCash, Inc. (NASDAQ: FCFS), 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 focuses on possible claims on behalf of purchasers of the securities of FirstCash, Inc. (NASDAQ: FCFS) concerning whether a series of statements by FirstCash, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Fort Worth, TX based FirstCash, Inc., together with its subsidiaries, operates retail pawn stores in the United States and Latin America. On November 12, 2021, the Consumer Financial Protection Bureau ("CFPB") filed a lawsuit against FirstCash, Inc. and Cash America West, alleging that the two companies violated the Military Lending Act by charging higher than the allowable 36% annual rate on pawn loans to active-duty service members and their dependents. The CFPB's lawsuit seeks an injunction, redress for affected borrowers, and a civil money penalty.
Shares of FirstCash, Inc. (NASDAQ: FCFS) declined from $97.04 per share on October 28, 2021, to as low as $62.35 per share on November 26, 2021.
Those who purchased shares of FirstCash, Inc. (NASDAQ: FCFS) have certain options and should contact the Shareholders Foundation.
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 lawsuits, 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.
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