NEW YORK, March 3, 2020 /PRNewswire/ -- Bernstein
Liebhard, a nationally acclaimed investor rights law firm,
announces that the firm has launched an investigation on behalf of
investors that purchased or acquired the securities of Aarons Inc.
("Aarons" or the "Company") (NYSE: AAN).
If you purchased Aarons securities, and/or would like to
discuss your legal rights and options please visit Aarons
Shareholder Investigation or contact Matthew E. Guarnero toll free at (877)
779-1414 or MGuarnero@bernlieb.com.
On February 20, 2020, Aaron's
issued a press release announcing the Company's financial results
for the quarter and year ended December 31,
2019. Among other results, Aaron's reported that the
Company's Progressive segment had reached an agreement in principle
with FTC staff regarding the CID from the FTC that Progressive
received in July 2018. Aaron's
advised investors that "[u]nder the proposed agreement, which
requires final approval by FTC Commissioners and the U.S. District
Court for the Northern District of Georgia, Progressive will make a payment of
$175 million and enhance certain
compliance-related activities, including monitoring, disclosure and
reporting requirements."
On this news, Aaron's stock price fell $10.70 per share, or 19.06%, to close at
$45.45 per share on February 20, 2020.
If you purchased Aarons securities, and/or would like to
discuss your legal rights and options please visit
https://www.bernlieb.com/cases/aaronsinc-aan-shareholder-class-action-lawsuit-stock-fraud-258/apply/
contact Matthew E. Guarnero toll
free at (877) 779-1414 or MGuarnero@bernlieb.com.
Since 1993, Bernstein Liebhard LLP has recovered over
$3.5 billion for its clients. In
addition to representing individual investors, the Firm has been
retained by some of the largest public and private pension funds in
the country to monitor their assets and pursue litigation on their
behalf. As a result of its success litigating hundreds of lawsuits
and class actions, the Firm has been named to The National
Law Journal's "Plaintiffs' Hot List" thirteen times and
listed in The Legal 500 for ten consecutive
years.
ATTORNEY ADVERTISING. © 2020 Bernstein Liebhard LLP. The law
firm responsible for this advertisement is Bernstein Liebhard LLP,
10 East 40th Street, New York, New
York 10016, (212) 779-1414. The lawyer responsible for this
advertisement in the State of
Connecticut is Michael S. Bigin. Prior results do not
guarantee or predict a similar outcome with respect to any future
matter.
Contact Information
Matthew E. Guarnero
Bernstein Liebhard LLP
https://www.bernlieb.com
(877) 779-1414
MGuarnero@bernlieb.com
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SOURCE Bernstein Liebhard LLP