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Investigation announced for Investors in shares of Conn's, Inc. (NASDAQ: CONN) over possible Violations of Securities Laws

10-26-2022 07:26 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation for investors in Conn's, Inc. (NASDAQ: CONN) shares over potential securities laws violations by Conn's, Inc.

An investigation for investors in Conn's, Inc. (NASDAQ: CONN) shares over potential securities laws violations by Conn's, Inc.

An investigation was announced for investors of Conn's, Inc. (NASDAQ: CONN) shares over potential securities laws violations by Conn's, Inc.

Investors who purchased shares of Conn's, Inc. (NASDAQ: CONN), 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 Conn's, Inc. (NASDAQ: CONN) concerning whether a series of statements by Conn's, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

On October 18, 2022, before the market open, The Woodlands, TX based Conn's, Inc. announced that its "President and Chief Executive Officer Chandra Holt has stepped down from her position and from the Company's Board effective immediately." Conn's, Inc. further revealed that "[a]s part of the leadership change, and continued macroeconomic and retail uncertainty, Conn's has withdrawn its previous fiscal year 2023 financial guidance."

Shares of Conn's, Inc. (NASDAQ: CONN) declined to $6.22 per share on October 18, 2022.

Those who purchased shares of Conn's, Inc. (NASDAQ: CONN) 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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