Investigation announced for Long-Term Investors in shares of FirstCash, Inc. (NASDAQ: FCFS)

An investigation was announced for long-term investors in shares of FirstCash, Inc. (NASDAQ: FCFS) concerning potential breaches of fiduciary duties by certain directors of FirstCash, Inc.

Investors who are current long term investors in FirstCash, Inc. (NASDAQ: FCFS) 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 current long term investors in NASDAQ: FCFS stocks follows a lawsuit filed against FirstCash, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: FCFS stocks, concerns whether certain FirstCash 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 Northern District of Texas the plaintiff alleges that, the defendants made false and misleading statements and failed to disclose that FirstCash had made more than 3,600 loans to over 1,000 active-duty members of the military and their families at usurious interest rates above 36% - and often exceeding 200% - in violation of the MLA and the Order, that FirstCash had failed to implement the remedial measures imposed by the Order, that FirstCash's financial results were, in substantial part, the product of FirstCash's violations of the MLA and the Order, and that as a result, FirstCash was exposed to a material undisclosed risk of legal, reputational, and financial harm if FirstCash's violations of the MLA and the Order were ever publicly disclosed.

Those who purchased shares of FirstCash, Inc. (NASDAQ: FCFS) have certain options and should contact the Shareholders Foundation.

Contact:
Christopher Clausen
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.

This release was published on openPR.