FirstCash investors who have suffered financial losses are encouraged to contact the law firm Kehoe, PC. to turn
PHILADELPHIA, PA, USA, Jan. 7, 2022 /EINPresswire.com/ – Kehoe Law Firm, PC is investigating whether FirstCash, Inc. (“FirstCash” or the “Company”) (NASDAQ: FCFS) violates or violates US securities laws engaged in other illegal business practices.
FirstCash investors with financial losses are encouraged to complete the Kehoe Law Firm’s Securities Class Action Questionnaire, which is available at https://kehoelawfirm.com/securities-class-action-questionnaire.
On November 12, 2021, the Consumer Financial Protection Bureau (“CFPB”) filed a lawsuit against FirstCash and Cash America West, Inc. in the United States District Court for the Northern District of Texas.
The CFPB alleged that the two companies had violated the Military Lending Act (“MLA”) by charging a higher than 36% annual interest rate on pawn loans to active service members and their dependents. The CFPB also alleged that FirstCash had violated a 2013 order issued by the CFPB against its predecessor that prohibits violations of the AMLA. The CFPB is seeking injunction, redress for affected borrowers, and a civil fine.
Due to this news, the shares of FirstCash stock fell 9% in intraday trading on November 12, 2021.
FirstCash investors who have purchased or otherwise acquired securities in the Company and have suffered financial loss are encouraged to contact John Kehoe, Esq., (215) 792-6676, Ext. 801, [email protected], info @ kehoelawfirm .com to discuss the FirstCash class lawsuit investigation or potential legal claims.
Kehoe Law Firm, PC, with offices in New York and Philadelphia, is a multidisciplinary plaintiffs law firm dedicated to protecting investors from securities fraud, fiduciary breaches, and corporate misconduct. Together, Kehoe Law Firm’s partners, PC, have served as lead counsel or co-lead counsel in cases where more than $ 10 billion has been reclaimed on behalf of institutional and individual investors.
This press release may be a solicitor.
John Kehoe, Esq.
Kehoe Law Firm, PC
2157926676, AUSW. 801
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