SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of EZCORP, Inc. – EZPW
NEW YORK, NY / CRWEPRESSRELEASE / July 17, 2015 /Pomerantz LLP is investigating claims on behalf of investors of EZCORP, Inc. (“EZCORP” or the “Company”) (NASDAQ: EZPW). Such investors are advised to contact Robert S. Willoughby at email@example.com or 888-476-6529, ext. 237.
The investigation concerns whether EZCORP and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
On April 30, 2015, EZCORP issued a press release announcing a delay in its earnings release for the second quarter of fiscal 2015 (ended March 31, 2015) due to an ongoing review of certain elements of its Grupo Finmart loan portfolio, which is not yet complete, according to the Company.
On this news, shares of EZCORP fell $0.68 per share, to $8.56, or more than 6.96%, in intraday trading on May 1, 2015.
On July 17, 2015, the Company announced that it will restate its financial statements for fiscal 2014 (including the interim periods within that year) and the first quarter of fiscal 2015.
On this news, shares of EZCORP fell $0.24 per share, to $6.50, or more than 3.56%, in intraday trading on July 17, 2015.
The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Florida, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 70 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.