CHICAGO--(BUSINESS WIRE)--Marcus & Boxerman announces that it is investigating claims of potential misrepresentations by Fifth Street Finance Corp. (“Fifth Street” or the “Company”) (NASDAQ: FSC). The investigation focuses on whether the Company and its officers violated securities laws by issuing misleading information to investors.
To join this class action lawsuit, please contact Michael Boxerman, Esquire, of Marcus & Boxerman, at 312-216-2730, or via e-mail at firstname.lastname@example.org.
The investigation will focus on whether the Company was engaged in a fraudulent scheme to artificially inflate Fifth Street Finance Corp.’s assets and investment income to increase Fifth Street Asset Management’s revenue by: (a) pushing Fifth Street Finance Corp. into increasingly risky investments at unsustainable leverage levels; (b) delaying the write down of impaired investments to create the appearance of increasing revenues for Fifth Street Asset Management; and (c) systematically overstating the income generated by Fifth Street Finance Corp.’s investments and the fair value of its portfolio, while simultaneously providing the investing public with false and misleading portrayals of Fifth Street Finance Corp.’s business trends and expected performance.
No class has been certified in the above action. Until a class is certified, you are not considered represented by an attorney. You may also choose to do nothing and be an absent class member.
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