Contact a Lawyer Now
Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until April 28, 2020 to file lead plaintiff applications in a securities class action lawsuit against Aaron’s, Inc. (NYSE: AAN).
Aaron’s and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
On February 20, 2020, the Company disclosed that an agreement in principle had been made with its Progressive segment and the Federal Trade Commission regarding the regulator’s investigation that, if approved, would require the Company to “make a payment of $175 million and enhance certain compliance-related activities, including monitoring, disclosure and reporting requirements.”
On this news, the price of Aaron’s shares plummeted.
If you purchased shares of Aaron’s and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (firstname.lastname@example.org), or fill out the form on this page.
The case is Shiva Stein, et al. v. Aarons, Inc., et al., No. 20-cv-01796.
Click here to read the first filed complaint.