A settlement was reached with the defendants in the lawsuit filed on behalf of certain investors of DFC Global Corp (NASDAQ:DLLR) over alleged securities laws violations and a deadline to submit the settlement claim is upcoming on September 4, 2017 and NASDAQ:DLLR investors should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 08/15/2017 -- The Shareholders Foundation announces that a deadline is coming up on September 4, 2017 in the settlement reached in the securities class action lawsuit filed on behalf of investors who purchased shares of DFC Global Corp (NASDAQ:DLLR) between January 28, 2011 and February 3, 2014.
Investors who purchased a significant amount of shares of DFC Global Corp (NASDAQ:DLLR) between January 28, 2011 and February 3, 2014, have certain options and should contact the Shareholders Foundation by email at email@example.com or call 858-779-1554.
The settlement proof of claim form or detailed settlement notice for the settlement in the DFC Global Corp (NASDAQ:DLLR) Investor Securities Class Action Lawsuit can be downloaded at: http://shareholdersfoundation.com/case/dfc-global-corp-nasdaq-dllr-investor-securities-class-action-lawsuit-11202013
In order to submit a claim an investor has to submit the claim proof to the class action claim administrator in a timely manner. The deadline to submit the proof with the class administrator is September 4, 2017. The class action administrator for this case is A.B. Data Ltd.
The lawsuit was originally filed in the U.S. District Court for the Eastern District of Pennsylvania against DFC Global Corp over alleged violations of Federal Securities Laws in connection with certain allegedly false and misleading statements made between January 28, 2011 and August 22, 2013.
According to the complaint the plaintiff alleges on behalf of all persons or entities who purchased or otherwise acquired DFC Global Corp (NASDAQ:DLLR) between January 28, 2011 through August 22, 2013, that DFC Global Corp and certain of its senior executives violated the Securities Exchange Act of 1934. More specifically, the plaintiff alleges that between January 28, 2011 through August 22, 2013, DFC Global Corp misrepresented to investors that it complied with government regulations and guidance with regard to irresponsible lending practices in the United Kingdom ("U.K."), and that DFC Global Corp made conservative underwriting decisions when making loans. Furthermore, the plaintiff claims that DFC Global Corp also knowingly understated its loss rates for loans, and issued false earnings guidance for its 2013 fiscal year.
Those who purchased shares of DFC Global Corp (NASDAQ:DLLR) have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
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