NEW YORK, May 16, 2014 (GLOBE NEWSWIRE) -- The Rosen Law Firm reminds all purchasers of the common stock of World Acceptance Corp. (Nasdaq:WRLD) during the period from April 25, 2013 through March 12, 2014 of the important June 23, 2014 lead plaintiff deadline.
To join the World Acceptance class action at no cost, go to the website at http://rosenlegal.com or call Phillip Kim, Esq. or Kevin Chan, Esq. toll-free at 866-767-3653 or email email@example.com or firstname.lastname@example.org for information on the class action.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. YOU MAY RETAIN COUNSEL OF YOUR CHOICE.
According to the lawsuit, the Defendants misrepresented the Company's true financial and operating conditions, as well as its business prospects. Specifically, the Complaint alleges that the Defendants made false and misleading statements and/or failed to disclose that: (i) the Company's loan practices are not in compliance with the Consumer Financial Protection Act and/or the Truth in Lending Act; and (ii) the Company lacked adequate internal and financial controls. The lawsuit claims that when these true facts became known, the value of the Company's stock dropped, damaging investors.
A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 23, 2104. If you wish to join the litigation visit http://rosenlegal.com or contact, Phillip Kim, Esq. or Kevin Chan, Esq. of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at email@example.com or firstname.lastname@example.org.
The Rosen Law Firm focuses on prosecuting securities class action litigation and actions involving financial fraud. The Rosen Law Firm represents investors throughout the globe.
CONTACT: Laurence Rosen, Esq. Phillip Kim, Esq. Kevin Chan, Esq. The Rosen Law Firm P.A. 275 Madison Avenue 34th Floor New York, New York 10016 Tel: (212) 686-1060 Toll Free: 1-866-767-3653 Fax: (212) 202-3827 email@example.com firstname.lastname@example.org email@example.com www.rosenlegal.comSource: The Rosen Law Firm PA PC