Hynes Keller & Hernandez, LLC Announces Investigation of Rent-A-Center, Inc. (RCII)
NEW YORK, Oct. 25, 2016 /PRNewswire/ -- Hynes Keller & Hernandez, LLC is investigating potential claims against the Board of Directors of Rent-A-Center, Inc. (NASDAQ: RCII) concerning possible breaches of fiduciary duty. On July 28, 2016, Rent-A-Center stated that the roll-out of its new Point of Sales system, which had a negative effect on its sales in the quarter, had been completed. However, on October 11, 2016, the Company disclosed that the Point of Sales system continues to experience issues and will negatively impact sales. On the news, Rent-A-Center shares closed down 28.8% on October 11, 2016.
Click here for more information about our investigation of RCII: http://hkh-lawfirm.com/investigations-cases/rent-a-center-inc-rcii/
Hynes Keller & Hernandez, LLC is a national law firm that represents institutional and individual investors. The firm is focused on providing exemplary legal services in the area of shareholder litigation. The firm has an experienced litigation team which has achieved significant victories on behalf of the firm's clients. You can visit our website at www.hkh-lawfirm.com for more information. Attorney advertising. Prior results do not guarantee similar outcomes.
If you hold shares in RCII and would like to obtain additional information about your legal rights and protect your investment, please visit our website or contact the attorneys below. There is no cost or obligation to you.
Contact:
Hynes Keller & Hernandez, LLC |
Hynes Keller & Hernandez, LLC |
Ligaya T. Hernandez, Esq. |
Beth A. Keller, Esq. |
1150 First Avenue, Suite 501 |
118 North Bedford Road, Suite 100 |
King of Prussia, PA 19406 |
Mount Kisco, NY 10549 |
Telephone: (610) 994-0292 |
Telephone: (914) 752-3040 |
Email: [email protected] |
Email: [email protected] |
SOURCE Hynes Keller & Hernandez, LLC
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