NEW YORK, July 24, 2017 /PRNewswire/ -- Juan Monteverde, founder and managing partner at
Monteverde & Associates PC, a boutique securities firm
headquartered at the Empire State Building in New York City announces that a class action
lawsuit has been filed in the U.S. District Court for the
Northern District of Georgia
against Aaron's Inc. (NYSE: AAN)("Aaron's" or the "Company") on
behalf of purchasers of the Company's securities between
February 6, 2015 and October 29, 2015, inclusive (the "Class
Period").
The lawsuit is based on whether Aaron's and its executives
violated federal securities law by misleading investors by making
false and/or misleading statements and/or failing to disclose that
Aaron's experienced software issues that impacted credit
qualification used by its subsidiary, Progressive Finance Holdings,
LLC.
On October 30, 2015, the Company
disclosed that Progressive Finance Holdings, LLC. had lost two
critical data feeds in February 2015,
which affected the Company's ability to make loans and collect
payments. When this news was released, the Company's stock price
fell materially, which harmed investors according to the
Complaint.
Mr. Monteverde would like to personally discuss with you how
to potentially recover your monetary losses, if incurred during the
Class Period.
If you wish to serve as lead plaintiff, you must move the Court
no later than August 18, 2017.
Any member of the putative class may move the Court to serve as
lead plaintiff through counsel of their choice, or may choose to do
nothing and remain an absent class member.
Click here for more information:
http://monteverdelaw.com/securities/. It is free
and there is no cost or obligation to you.
Monteverde & Associates PC is a boutique class action
securities and consumer litigation law firm committed that has
recovered millions of dollars and is committed to protecting
shareholders and consumers from corporate wrongdoing.
Monteverde & Associates PC lawyers have significant experience
litigating Mergers & Acquisitions and Securities Class Actions,
whereby they protect investors by recovering money and remedying
corporate misconduct.
Contact:
Juan E. Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave, Suite 4405
New York, NY 10118
United States of America
jmonteverde@monteverdelaw.com
Tel: (212) 971-1341
Attorney Advertising. (C) 2017 Monteverde & Associates
PC. Prior results do not guarantee a similar outcome with
respect to any future matter.
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SOURCE Monteverde & Associates PC