An investigation on behalf of investors in NASDAQ:RCII shares over potential wrongdoing at Rent-A-Center Inc was announced and NASDAQ:RCII stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 12/07/2016 -- An investigation on behalf of investors in shares of Rent-A-Center Inc was announced concerning possible breaches of fiduciary duties by certain directors.
Investors who purchased shares of Rent-A-Center Inc (NASDAQ:RCII) s have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call 858-779-1554.
The investigation by a law firm concerns whether Rent-A-Center Inc (Nasdaq:RCII) possibly violated federal securities laws.
On July 28, 2016, Rent-A-Center Inc announced that issues with its new Point-of-Sale ("POS") system were fixed and alleviated.
On October 11, 2016 Rent-A-Center Inc announced it was experiencing issues with the POS system which would have a negative effect on its sales.
On December 6, 2016, NASDAQ:RCII shares closed at $10.77 per share.
Those who purchased shares of Rent-A-Center Inc have certain options and should contact the Shareholders Foundation.