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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Rent A Center Inc | NASDAQ:RCII | NASDAQ | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 26.78 | 25.50 | 27.09 | 0 | 01:00:00 |
From May 2019 to May 2024
SAN DIEGO, Oct. 20, 2016 /PRNewswire/ -- Shareholder Rights Law Firm Johnson & Weaver, LLP has commenced an investigation of Rent-A-Center, Inc. (NASDAQ: RCII) concerning possible violations of federal securities laws. Rent-A-Center leases household durable goods to customers on a rent-to-own basis.
On July 28, 2016, Rent-A-Center stated that the roll-out of its new Point of Sales system, which caused problems and had a negative effect on its sales in the quarter, had been completed. However, on October 11, 2016, the Company disclosed that the Point of Sales system continues to experience issues and will negatively impact sales. On the news, Rent-A-Center shares closed down 28.8% on October 11, 2016.
If you have information that could assist in this investigation, including past employees and others, or if you are a Rent-A-Center shareholder and are interested in learning more about the investigation or your legal rights and remedies, please contact Jim Baker (jimb@johnsonandweaver.com) by email or phone at 619-814-4471. If emailing, please include a phone number where you can be reached.
About Johnson & Weaver, LLP:
Johnson & Weaver, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonandweaver.com. Attorney advertising. Past results do not guarantee future outcomes.
Contact:
Johnson & Weaver, LLP
Jim Baker, 619-814-4471
jimb@johnsonandweaver.com
Logo - http://photos.prnewswire.com/prnh/20160211/332409LOGO
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/rent-a-center-rcii-alert--shareholder-rights-law-firm-johnson--weaver-llp-announces-investigation-of-rent-a-center-inc-investors-encouraged-to-contact-firm-300348713.html
SOURCE Johnson & Weaver, LLP
Copyright 2016 PR Newswire
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