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SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces an Investigation Involving Possible Securities Fraud Violations by Certain Officers and Directors of Aaron ’s, Inc.

2017-04-07 11:18 ET - News Release


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.

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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