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The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of FCFS, SNBR and FSLR

Monday, 17 January 2022 10:15 PM

The Klein Law Firm

Topic:
Lawsuits

NEW YORK, NY / ACCESSWIRE / January 17, 2022 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. There is no cost to participate in the suit. If you suffered a loss, you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff.

FirstCash, Inc. (NASDAQ:FCFS)
This lawsuit is on behalf of all persons who purchased shares of FirstCash common stock between February 1, 2018 and November 12, 2021, both dates inclusive.
Lead Plaintiff Deadline: March 15, 2022

The complaint alleges that throughout the class period FirstCash, Inc. made materially false and/or misleading statements and/or failed to disclose that: (a) FirstCash had made more than 3,600 loans to over 1,000 active-duty
members of the military and their families at usurious interest rates above 36% - and often exceeding 200% - in violation of the Military Lending Act ("MLA") and the Consent Order Cash America had entered into with the Consumer Financial Protection Bureau (the "Order"); (b) FirstCash had failed to implement the remedial measures imposed by the Order; (c) FirstCash's financial results were, in substantial part, the product of the Company's violations of the MLA and the Order; and (d) as a result of the foregoing, FirstCash was exposed to a material undisclosed risk of legal, reputational and financial harm if the Company's violations of the MLA and the Order were ever publicly disclosed.

Learn about your recoverable losses in FCFS: https://www.kleinstocklaw.com/pslra-1/firstcash-inc-loss-submission-form?id=22186&from=1

Sleep Number Corporation (NASDAQ:SNBR)
Class Period: February 18, 2021 - July 20, 2021
Lead Plaintiff Deadline: February 14, 2022

During the class period, Sleep Number Corporation allegedly made materially false and/or misleading statements and/or failed to disclose that: (a) Sleep Number had suffered a severe disruption in its supply chain for foam as a result of Winter Storm Uri; (b) Sleep Number did not have in place the supply chain flexibility, redundancies and fail-safes, as had been represented to investors, sufficient to offset the foam supply disruption caused by Winter Storm Uri; (c) because foam was a necessary component for Sleep Number's production of its primary mattress products, Sleep Number's ability to timely fulfill customer orders had been materially impaired; (d) as a result of (a)-(c) above, Sleep Number was unable to meet surging customer demand for the Company's products; and (e) as a result of (a)-(d) above, Sleep Number had been forced to delay mattress shipments to end consumers, pushing millions of dollars' worth of sales into subsequent quarters and negatively impacting the Company's financial results.

Learn about your recoverable losses in SNBR: https://www.kleinstocklaw.com/pslra-1/sleep-number-corporation-loss-submission-form?id=22186&from=1

First Solar, Inc. (NASDAQ:FSLR)
This lawsuit is on behalf of all persons or entities that purchased or otherwise acquired shares of First Solar common stock between February 22, 2019, and February 20, 2020, inclusive.
Lead Plaintiff Deadline: March 8, 2022

According to the filed complaint, defendants made repeated misrepresentations to investors regarding the development of First Solar's newest "Series 6" solar module, the cost per unit it could achieve with that module, and the impact the changeover to this new product would have on the viability of its other business segments. As a result of defendants' misrepresentations, First Solar common stock traded at artificially inflated prices during the class period.

Learn about your recoverable losses in FSLR: https://www.kleinstocklaw.com/pslra-1/first-solar-inc-loss-submission-form?id=22186&from=1

The Klein Law Firm, Monday, January 17, 2022, Press release picture

Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. If you suffered a loss during the class period and wish to obtain additional information, please contact J. Klein, Esq. by telephone at 212-616-4899 or visit the webpages provided.

J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
[email protected]
Telephone: (212) 616-4899
Fax: (347) 558-9665
www.kleinstocklaw.com

SOURCE : The Klein Law Firm

Topic:
Lawsuits
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