SAN DIEGO, Nov. 08, 2022 (GLOBE NEWSWIRE) — The Shareholders Foundation, Inc. announced an update to the lawsuit pending for certain investors in NASDAQ: FCFS stock.

Investors who purchased FirstCash, Inc. (NASDAQ: FCFS) stock prior to February 2018 and continue to hold any of these NASDAQ: FCFS stocks also have certain options and should contact the Shareholders Foundation at [email protected] or + call 1 (858) 779-1554.

On January 14, 2022, a lawsuit was filed for certain investors in NASDAQ: FCFS stocks against FirstCash, Inc. alleging violations of securities laws. The plaintiff alleged that the defendants provided false and misleading information and failed to disclose that FirstCash made more than 3,600 loans to over 1,000 active military personnel and their families at exorbitant interest rates in excess of 36% – and often in excess of 200%. in violation of the MLA and the Order, that FirstCash failed to implement the remedies required by the Order, that FirstCash’s financial results were in substantial part the product of FirstCash’s violations of the MLA and the Order, and as a result thereof , FirstCash faced a material undisclosed risk of legal, reputational and financial damage if FirstCash’s violations of the MLA and the Order were ever to become public knowledge.

An amended complaint was filed on May 4, 2022.

Those who have purchased FirstCash, Inc. (NASDAQ:FCFS) stock should contact the Shareholders Foundation, Inc.

The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and settlement filing service that conducts research on shareholder matters and keeps investors informed of securities class actions, settlements, judgments and other stock/financial market legal news. The Shareholders Foundation, Inc. is not a law firm. All cases referred to, investigations and/or settlements are not filed/initiated/achieved and/or are not related to Shareholders…