Aaron's Inc
0 DAYS LEFT TO SEEK LEAD PLAINTIFF STATUS
Case Summary | |
Company Name: | Aaron's Inc |
Stock Symbol : | NYSE: AAN |
Class Period Start: | 02/06/2015 |
Class Period End: | 10/29/2015 |
Lead Plaintiff motion: | 08/18/2017 |
Date Filed: | 06/16/2017 |
Type of Case: | Securities Class Action |
Court: | U. S. District Court for the Northern District of Georgia |
Summary: | Thieler Law Corp advises investors with losses exceeding $100,000 of the August 18, 2017 lead plaintiff deadline in a class action lawsuit filed against Aaron’s Inc (NYSE: AAN) (“Aaron’s” or “the Company”). The suit is pending in the U. S. District Court for the Northern District of Georgia and investors, who purchased Aaron's Inc securities between February 6, 2015 and October 29, 2015, have until August 18, 2017 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class. If you purchased Aaron's Inc securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 377 - 4324 or emailing mail@thielerlaw.com . No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class. The complaint alleges that during the Class Period defendants made false and misleading statements and/or allegedly failed to disclose that the Company touted the proprietary algorithm of its subsidiary, Progressive Finance Holdings, LLC, when software issues plagued Progressive’s ability to determine which customers met the leasing qualifications; Progressive suffered a loss of critical data that impacted its ability to make loans and collect payments. On October 30, 2015, Aaron’s revealed to investors that in February 2015, Progressive Finance Holdings LLC, had lost two critical data feeds used to determine customers’ leasing qualifications. This affected the Company’s ability to make loans and collect payments. Following this news, NYSE: AAN fell $8.88, or 26.47%, to close at $24.67 on October 30, 2015. If you were negatively impacted by your investment in Aaron's Inc securities between February 6, 2015 and October 29, 2015 and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation. Thieler Law Corp purchases advertisements on search engines, social media sites and other websites. If you send us information, note that does not create an attorney-client relationship with the firm. Thieler Law Corp 2534 State Street - Suite 406, San Diego, CA 92101 by email: mail@thielerlaw.com or telephone at +1 (619) 377 - 4324 or visit our website http://www.thielerlaw.com/ or Facsimile: +1 (619) 785 – 3185 |