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Aaron’s, Inc. (AAN)

NYSE:AAN

Summary

Faruqi & Faruqi, LLP is Investigating Aaron’s, Inc. (AAN) on Behalf of its Shareholders

Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential misconduct at Aaron’s, Inc. (“Aaron’s” or the “Company”) (NYSE:AAN).

The investigation focuses on whether the Company’s Board of Directors and/or its officers committed mismanagement and breached their fiduciary duties by making and/or causing the Company to make false and misleading statements and/or failing to timely disclose that Progressive Finance Holdings, LLC (“Progressive”), the Company’s most profitable subsidiary, had suffered a data loss which impacted the use of Progressive’s proprietary algorithm.  The data loss impacted the Company’s ability to make loans and collect payments.  Furthermore, Aaron’s senior executives admitted that the Company had discovered the data loss in February 2015, nine months before it was disclosed to investors.  As a result of the foregoing, Aaron’s is currently facing a securities class action lawsuit.

Take Action

If you currently own Aaron’s stock and have continuously owned Aaron’s stock since at least February 2015 and would like to discuss your legal rights, please fill out the form below.  You can also contact us by calling Nina Varindani toll free at (212) 983-9330 or by sending an e-mail to nvarindani@faruqilaw.com.  Faruqi & Faruqi, LLP also encourages anyone with information regarding Aaron’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

Request Information

Please tell us about yourself by completing the form below and we will provide you with additional
information on how to join the Action.

  • Company:
    Aaron’s, Inc. (AAN)
  •    

* The submission of this form does not create an attorney-client relationship.

Contact Counsel

Stuart J. Guber
Nina Varindani
Faruqi & Faruqi, LLP
685 Third Avenue 26th Floor
New York, NY 10017
Tel: (212) 983-9330

Email:

Case Details

Date:

  • 07/27/2017

Send Information

If you have information regarding this case that you would like to make available, please click here to contact us about our investigation.