Company Website:
http://www.zlk.com
NEW YORK -- (Business Wire)
Levi & Korsinsky announces it has commenced an investigation of Aaron’s,
Inc. (NYSE:AAN) concerning possible violations of federal securities
laws.
On October 30, 2015, the Company announced disappointing third quarter
2015 financial results. The Company attributed its results, in part, to
“higher bad debt expense and merchandise write offs due to a temporary
interruption of certain data attributes we use to approve leases, as
well as software issues that delayed our ability to identify and begin
collections on certain delinquent accounts.” On this news, shares of
Aaron’s fell more than 25% to close at just $24.67 per share on October
30, 2015. To obtain additional information, go to:
http://zlk.9nl.com/aarons-aan
or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com
or by telephone at (212) 363-7500, toll-free: (877) 363-5972.
Levi & Korsinsky is a national firm with offices in New York,
Connecticut and Washington D.C. The firm’s attorneys have extensive
expertise in prosecuting securities litigation involving financial
fraud, representing investors throughout the nation in securities and
shareholder lawsuits. Attorney advertising. Prior results do not
guarantee similar outcomes.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170407005464/en/
Contacts:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq., 212-363-7500
Toll
Free: 877-363-5972
Fax: 212-363-7171
www.zlk.com
Source: Levi & Korsinsky
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