Shareholders Foundation, Inc.

Aaron's, Inc. (NYSE:AAN) Shareholder Notice: Lawsuit Alleges False and Misleading Statements

A lawsuit was filed on behalf of investors in Aaron’s, Inc. (NYSE:AAN) shares over alleged securities laws violations.

 

San Diego, CA -- (SBWIRE) -- 08/08/2017 -- An investor, who purchased shares of Aaron's, Inc. (NYSE:AAN), filed a lawsuit over alleged violations of Federal Securities Laws by Aaron's, Inc.

Investors who purchased shares of Aaron's, Inc. (NYSE:AAN) have certain options and for certain investors are short and strict deadlines running. Deadline: August 18, 2017. NYSE:AAN investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

According to the complaint the plaintiff alleges on behalf of purchasers of Aaron's, Inc. (NYSE:AAN) common shares between February 6, 2015 to October 29, 2015, that the defendants misled investors with regard to its subsidiary, Progressive Finance Holdings, LLC. More specifically, the plaintiff claims that between February 6, 2015 to October 29, 2015, that Aaron's, Inc concealed from investors that Aaron's, Inc was experiencing software issues that impacted Progressive's underwriting algorithm, and that in truth, Progressive Finance Holdings, LLC had lost critical data in February 2015, which impacted the Company's ability to make loans and collect payments.

Those who purchased shares of Aaron's, Inc. (NYSE:AAN) 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