San Diego, CA -- (SBWire) -- 07/17/2020 --The Shareholders Foundation announced that a deadline is coming up on July 14, 2020 in the lawsuit filed for certain investors of Conn's, Inc. (NASDAQ: CONN).
Investors who purchased shares of Conn's, Inc. (NASDAQ: CONN) have certain options and there are strict and short deadlines running. Deadline: July 14, 2020. NASDAQ: CONN stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The plaintiff alleges on behalf of purchasers of Conn's, Inc. (NASDAQ: CONN) common shares between September 3, 2019 and December 9, 2019, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between September 3, 2019 and December 9, 2019, the defendants failed to disclose that Conn's was experiencing an increase in first payment defaults and 60-plus day delinquencies, that as a result, Conn's was reasonably likely to record an increase to its provision for bad debts, that the Company made certain underwriting adjustments, including tightening its standards for new customers and online applicants, that as a result, the Company's same-store sales would be adversely impacted, and that as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.
Those who purchased shares of Conn's, Inc. (NASDAQ: CONN) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
NASDAQ:CONN Investor Notice: Deadline on July 14, 2020 in Lawsuit Against Conn's, Inc.
A Deadline is coming up on July 14, 2020 in the lawsuit for certain investors in Conn’s, Inc. (NASDAQ:CONN) and NASDAQ:CONN stockholders should contact the Shareholders Foundation.