LOS ANGELES, CA / ACCESSWIRE / July 30, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Conn's, Inc. ("Conn's" or "the Company") (NASDAQ:CONN) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Conn's is the subject of a Bloomberg report published on June 26, 2024, which indicated the Company had hired a financial adviser to rework its debt load based on a recent acquisition. A second Bloomberg report on July 24, 2024, stated that the Company had filed for bankruptcy and that it "plans to shut down after trouble integrating a recent acquisition compounded the pain of lagging sales."
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The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
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CONTACT:
The Schall Law Firm
Brian Schall, Esq.
310-301-3335
[email protected]
www.schallfirm.com
SOURCE: The Schall Law Firm