BENSALEM, Pa. -- (Business Wire)
Law Offices of Howard G. Smith announces an investigation on behalf of
investors of Aaron’s, Inc. (“Aaron’s” or the “Company”) (NYSE: AAN)
concerning the Company and its officers’ 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.
If you purchased Aaron’s securities, have information or would like to
learn more about these claims, or have any questions concerning this
announcement or your rights or interests with respect to these matters,
please contact Howard G. Smith, Esquire, of Law Offices of Howard G.
Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by
telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com,
or visit our website at www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170407005598/en/
Contacts:
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
888-638-4847
howardsmith@howardsmithlaw.com
www.howardsmithlaw.com
Source: Law Offices of Howard G. Smith
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