NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of World Acceptance Corporation (NASDAQ: WRLD) resulting from allegations that World Acceptance may have issued materially misleading business information to the investing public.
On June 14, 2017, World Acceptance announced after the close of trading that it is unable to file its annual report on Form 10-K and that is conducting an internal investigation of its operations in Mexico focusing on the legality under the Foreign Corrupt Practices Act of certain payments related to loans. On this news, shares of World Acceptance fell sharply during intraday trading on June 15, 2017, damaging investors.
Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by World Acceptance investors. If you purchased shares of World Acceptance on or before June 14, 2017, please visit the firm’s website at http://www.rosenlegal.com/cases-1146.html for more information. You may also contact Phillip Kim or Kevin Chan of Rosen Law Firm toll free at 866-767-3653 or via email at email@example.com or firstname.lastname@example.org.
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Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Since 2014, Rosen Law Firm has been ranked #2 in the nation by Institutional Shareholder Services for the number of securities class action settlements annually obtained for investors.
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