BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith reminds investors of the February 26, 2018 deadline to file a lead plaintiff motion in the class action filed on behalf of investors that purchased Capitala Finance Corporation (“Capitala” or the “Company”) (NASDAQ: CPTA) securities between January 4, 2016, and August 7, 2017, inclusive (the “Class Period”). Capitala investors have until February 26, 2018 to file a lead plaintiff motion.
Investors suffering losses on their Capitala investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to email@example.com.
The Complaint filed in this class action alleges that the Company made materially false and misleading statements and/or failed to disclose that: (i) Capitala Investment Advisors had been losing professional talent in both underwriting and portfolio management due to the waiving of its incentive fee; (ii) such loss of talent negatively impacted the quality of the Company’s investment portfolio; and (iii) as a result, Capitala’s public statements were materially false and misleading at all relevant times.
If you purchased shares of Capitala during the Class Period you may move the Court no later than February 26, 2018 to ask the Court to appoint you as lead plaintiff if you meet certain legal requirements. To be a member of the Class you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class. If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to firstname.lastname@example.org, or visit our website at http://www.howardsmithlaw.com.
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