Cases
World Acceptance Corporation (WRLD)
Securities Class Action
Overview
Overview
- Date:
- 1/7/2019
- Company Name:
- World Acceptance Corporation
- Stock Symbol:
- WRLD
- Status:
- Closed/Complete
NEW YORK, January 7, 2019 – Bragar Eagel & Squire, P.C. is investigating potential claims against certain officers and directors of World Acceptance Corporation (NYSE: WRLD).
On June 14, 2017, post-market, World Acceptance revealed that it would delay the filing of its annual report on Form 10-K with the U.S. Securities and Exchange Commission (“SEC”), citing an internal probe of its Mexico operations. Commissioned in March, the investigation focuses on the legality under the U.S. Foreign Corrupt Practices Act and local laws of certain payments related to loans, maintenance of books and records, and treatment of compensation matters for certain employees. On this news, the company’s share price fell by more than 12%, closing at $73.00 on June 15, 2017.
On August 8, 2017, post-market, the company disclosed that the SEC had “issued a formal order of investigation” in connection with its internal probe of its Mexico operations. On this news, World Acceptance’s share price fell $1.74, or 2.16%, to close at $78.68 on August 9, 2017.
If you are a long term stockholder of World Acceptance, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.
On June 14, 2017, post-market, World Acceptance revealed that it would delay the filing of its annual report on Form 10-K with the U.S. Securities and Exchange Commission (“SEC”), citing an internal probe of its Mexico operations. Commissioned in March, the investigation focuses on the legality under the U.S. Foreign Corrupt Practices Act and local laws of certain payments related to loans, maintenance of books and records, and treatment of compensation matters for certain employees. On this news, the company’s share price fell by more than 12%, closing at $73.00 on June 15, 2017.
On August 8, 2017, post-market, the company disclosed that the SEC had “issued a formal order of investigation” in connection with its internal probe of its Mexico operations. On this news, World Acceptance’s share price fell $1.74, or 2.16%, to close at $78.68 on August 9, 2017.
If you are a long term stockholder of World Acceptance, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.