NEW YORK--(BUSINESS WIRE)--The Klein Law Firm announces the commencement of an investigation of Aaron’s, Inc. (NYSE: AAN) concerning possible violations of federal securities laws.
On October 30, 2015, the Company announced disappointing third quarter 2015 financial results. The Company attributed its results, in part, to “higher bad debt expense and merchandise write offs due to a temporary interruption of certain data attributes we use to approve leases, as well as software issues that delayed our ability to identify and begin collections on certain delinquent accounts.” On this news, shares of Aaron’s fell more than 25% to close at just $24.67 per share on October 30, 2015.
If you suffered a loss in Aaron’s and wish to obtain additional information, please contact Joseph Klein, Esq. by telephone at 212-616-4899 or visit http://www.kkclasslaw.com/AAN-Info-Request-Form-166.
Joseph Klein, Esq. is an experienced attorney and has also practiced as a Certified Public Accountant. Mr. Klein represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.