SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Rent-A-Center, Inc (RCII)
NEW YORK, Oct. 20, 2016 /PRNewswire/ -- Attorney Advertising-- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of the securities of Rent-A-Center, Inc. ("Rent-A-Center" or the "Company") (RCII). Such investors are advised to contact Peretz Bronstein or his investor relations analyst Yael Hurwitz at [email protected] or 212-697-6484.
The investigation concerns whether Rent-A-Center and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 in connection with its sales and profitability following issues arising out of Rent-A-Center's point of sale systems ("POS").
On July 28, 2016, Rent-A-Center had assured the public that its POS was fixed, and could accommodate the Company's future sales process. Later on October 11, 2016, the Rent-A-Center announced it was having difficulties with its POS that would negatively impact the Company's sales. Following this news, Rent-A-Center stock dropped, damaging investors.
If you are aware of any facts relating to this investigation, or purchased shares Rent-A-Center, you can assist this investigation by visiting the firm's site: http://www.bgandg.com/rcii. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484 or via email [email protected]. Those who inquire by e-mail are encouraged to include their mailing address, email and telephone number.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | [email protected]
SOURCE Bronstein, Gewirtz & Grossman, LLC
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