NEW YORK, Aug. 30, 2013 (GLOBE NEWSWIRE) -- Pomerantz Grossman Hufford Dahlstrom & Gross LLP is investigating claims on behalf of investors of DFC Global Corp. ("DFC Global" or the "Company") who purchased DFC Global common stock between August 29, 2012 and May 12, 2013 (the "Class Period"). Such investors are advised to contact Robert S. Willoughby at email@example.com or 888-476-6529, ext. 237.
The investigation concerns whether DFC Global and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
May 10, 2013, DFC Global announced in its SEC form10-Q filing, that the Consumer Financial Protection Bureau ("CFPB") has reviewed DFC Global's MILES program in fiscal 2013. As a result of this examination, DFC Global has been informed by the CFPB that it intends to initiate an administrative proceeding against DFC Global relating to its marketing of certain vehicle service and insurance products and to the requirement that MILES program loans be repaid via a military allotment.
The Pomerantz Firm, with offices in New York, Chicago, San Diego and Florida, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 70 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.
CONTACT: Robert S. Willoughby Pomerantz Grossman Hufford Dahlstrom & Gross LLP firstname.lastname@example.orgSource:Pomerantz Grossman Hufford Dahlstrom & Gross LLP