The Rosen Law Firm, P.A., explained that it also filed a class action lawsuit against the company for the same class period and many of the aforementioned reasons. Joseph Levi is the best person to speak with, and he can be reached by telephone or email.Īnother litigation firm noted that it filed a lawsuit against the company due to the potential that it committed law violations. Individuals who want to learn more about the lead plaintiff position, have questions on how the lawsuit may affect them or any other issues related to their rights and interests, it is possible to speak with the law firm. For those who are interested in applying, all necessary paperwork needs to be submitted to the court by June 23, 2014. This is not a mandatory position, and it is possible to remain an absent class member.
It is possible for shareholders who had a loss from owning stock in the company to become lead plaintiff in the case. The reason for the action was due to an investigation into its business practices where it potentially violated consumer protection laws.
World Acceptance Corp. stock fell by close to 20 percent on March 13, 2014, due to the news that it was served with a subpoena by the Consumer Financial Protection Bureau. There is also a possibility that the leaders of World Acceptance Corp. did not inform shareholders of facts that were necessary to be aware of. The company allegedly made a number of statements that were either false or misleading about its business practices, prospects and overall operations. This includes all shareholders who acquired interests in the company during the class period between April 25, 2013, and March 12, 2014. District Court for the District of South Carolina against World Acceptance Corp.
Law office Levi and Korsinsky explained that the litigation was filed in the U.S. A law firm recently announced that it filed a securities class action lawsuit against the leaders of a consumer finance company due to potential violations.
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