LOS ANGELES--(BUSINESS WIRE)--Lundin Law PC, a shareholder rights firm, announces a class action lawsuit against Aaron’s, Inc. (“Aaron’s” or the “Company”) (NYSE: AAN) for possible violations of federal securities laws between February 6, 2015 and October 29, 2015, inclusive (the “Class Period”). Investors who purchased or otherwise acquired shares during the Class Period should contact the firm prior to the August 18, 2017 lead plaintiff motion deadline.
To participate in this class action lawsuit, click here.
You can also call Brian Lundin, Esq., of Lundin Law PC, at 888-713-1033, or you can e-mail him at email@example.com.
No class has been certified in the above action yet. 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.
According to the Complaint, throughout the Class Period, Aaron’s misled investors regarding its subsidiary, Progressive Finance Holdings, LLC (“Progressive”), concealing from investors that it was experiencing software issues that impacted Progressive’s underwriting algorithm. In truth, Progressive lost critical data in February 2015, which impacted the Company’s ability to make loans and collect payments. When this information was released, Aaron’s stock price lowered materially, which caused investors harm according to the Complaint.
Lundin Law PC was established by Brian Lundin, a securities litigator based in Los Angeles dedicated to upholding shareholders’ rights.
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