INVESTOR ALERT: Investigation of Rent-A-Center, Inc. Announced by Law Offices of Howard G. Smith
October 20 2016 - 4:39PM
Business Wire
Law Offices of Howard G. Smith announces an investigation
on behalf of investors of Rent-A-Center, Inc. (“Rent-A-Center” or
the “Company”) (NASDAQ: RCII) concerning the Company and its
officers’ possible violations of federal securities laws.
The investigation concerns whether the Company misled investors
regarding its sales and profitability following issues arising out
of Rent-A-Center’s point of sale systems (“POS”). Despite
assurances by the Company on July 28, 2016 that its POS was fixed
and could accommodate the Company’s future sales process, on
October 11, 2016, the Company announced it was experiencing issues
with its POS that would negatively impact Rent-A-Center’s sales. On
this news the Company shares fell substantially in value.
If you purchased Rent-A-Center securities, have information or
would like to learn more about these claims, or have any questions
concerning this announcement or your rights or interests with
respect to these matters, please contact Howard G. Smith, Esquire,
of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112,
Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847,
toll-free at (888) 638-4847, or by email
to howardsmith@howardsmithlaw.com, or visit our website at
http://www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20161020006611/en/
Law Offices of Howard G. SmithHoward G. Smith,
Esquire215-638-4847888-638-4847howardsmith@howardsmithlaw.comwww.howardsmithlaw.com
Rent A Center (NASDAQ:RCII)
Historical Stock Chart
From Aug 2024 to Sep 2024
Rent A Center (NASDAQ:RCII)
Historical Stock Chart
From Sep 2023 to Sep 2024