LOS ANGELES, Jan. 10, 2014 (GLOBE NEWSWIRE) -- Glancy Binkow & Goldberg LLP announces that all purchasers of the common stock of DFC Global Corp. ("DFC Global" or the "Company") (Nasdaq:DLLR) between January 28, 2011 and August 22, 2013, inclusive (the "Class Period'), have until January 21, 2014, to file a motion to be appointed as lead plaintiff in the shareholder lawsuit filed in the United States District Court for the Eastern District of Pennsylvania.
A COPY OF THE COMPLAINT IS AVAILABLE FROM THE COURT OR FROM GLANCY BINKOW & GOLDBERG LLP. PLEASE CONTACT US AT (212) 682-5340, TOLL-FREE AT (888) 773-9224, OR AT SHAREHOLDERS@GLANCYLAW.COM TO DISCUSS THIS MATTER OR IF YOU PURCHASED SHARES BEFORE THE CLASS PERIOD. IF YOU INQUIRE BY EMAIL PLEASE INCLUDE YOUR MAILING ADDRESS, TELEPHONE NUMBER AND NUMBER OF SHARES PURCHASED.
DFC Global provides retail financial services, including unsecured short-term consumer loans, secured pawn lending, check cashing and gold buying. The Complaint alleges that the Company and certain of its executive officers failed to disclose that the Company:
- systematically issued high-fee predatory loans to consumers that had no reasonable means to be repaid;
- continuously rolled over or refinanced loans in order to delay or avoid defaults;
- failed to conduct adequate affordability assessments on its customers;
- understated its loan loss rates;
- inflated its earnings guidance for fiscal 2013; and,
- failed to comply with industry regulations and guidance.
To learn more about this action or if you have any questions concerning this Notice or your rights or interests with respect to these matters, please contact Michael Goldberg, Esquire, of Glancy Binkow & Goldberg LLP, 1925 Century Park East, Suite 2100, Los Angeles, California 90067, Toll-Free at (888) 773-9224, or contact Gregory Linkh, Esquire, of Glancy Binkow & Goldberg LLP at 122 E. 42nd Street, Suite 2920, New York, New York 10168, at (212) 682-5340, by e-mail to shareholders@glancylaw.com, or visit our website at http://www.glancylaw.com.
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