NEW YORK, April 13, 2024 (GLOBE NEWSWIRE) —
WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Global acceptance (NASDAQ:) Corporation (NASDAQ: WRLD) arising from allegations that World Acceptance Corporation may have disseminated business information that was materially misleading to the investing public.
SO: If you purchased World Acceptance Corporation securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action aimed at recovering investors’ losses.
WHAT TO DO NEXT: To join the potential class action, go to https://rosenlegal.com/submit-form/?case_id=22834 or call Phillip Kim, Esq. toll-free 866-767-3653 or email case@rosenlegal.com for information on collective action.
WHAT IT’S ABOUT: On February 23, 2024, the U.S. Consumer Financial Protection Bureau (CFPB) published an order establishing supervisory authority over the installment lender World Acceptance Corporation. The order states that the CFPB has reasonable grounds to determine that the defendant, World Acceptance Corporation, is a non-banking person that engages, or has engaged, in conduct that poses risks to consumers regarding the the offering or provision of one or more consumer financial products or services.
On this news, shares of World Acceptance Corporation fell $11.23 per share, or 8.6%, to close at $118.59 per share on February 26, 2024.
WHY THE ROSEN LAW: We encourage investors to select qualified advisors with a track record of success in leadership roles. Often, companies issuing warnings lack experience, resources, or any significant peer recognition. Many of these companies do not actually pursue securities class action lawsuits. Be wise in choosing a lawyer. The Rosen Law Firm represents investors throughout the world, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has reached the largest class action settlement ever against a Chinese company. The Rosen Law Firm was Ranked #1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 every year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone, the company secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named Law 360 Titan of Plaintiffs’ Lawyers. Many of the firm’s lawyers have been recognized by Lawdragon and Super Lawyers.
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Contact information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A
275 Madison Avenue, 40th floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
case@rosenlegal.com
www.rosenlegal.com