WILMINGTON, Del., Aug. 29, 2014 (GLOBE NEWSWIRE) -- Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating EZCORP, Inc. ("EZCORP" or the "Company") for possible violations of securities laws relating to a July 18th announcement that, MS Pawn Corporation, a Class B shareholder entity controlled by Phillip Cohen, removed Paul Rothamel as CEO, President and Director of EZCORP.
Our investigation relates to certain conflicted transactions involving payments for advisory services to affiliates of the Company's controlling shareholder, Phillip Cohen. On October 9, 2013, EZCORP revealed in a 8K filing with the U.S. Securities and Exchange Commission that the Company extended its engagement of Madison Park, a financial advisory firm wholly-owned by Phillip Cohen, the beneficial owner of all of the Company's outstanding Class B Voting Common Stock.
Given this information, Andrews & Springer LLC is preparing a class action lawsuit as a result. If you own shares of EZCORP and want to receive additional information and protect your investments free of charge, please visit us at http://www.andrewsspringer.com/cases-investigations/EZPW or contact Craig J. Springer, Esq. at cspringer@andrewsspringer.com, or call toll free at 1-800-423-6013. You may also follow us on LinkedIn – www.linkedin.com/company/andrews-&-springer-llc, Twitter – www.twitter.com/AndrewsSpringer or Facebook - www.facebook.com/AndrewsSpringer for future updates.
Andrews & Springer is a boutique securities class action law firm representing shareholders nationwide who are victims of securities fraud, breaches of fiduciary duty or corporate misconduct. Having formerly defended some of the largest financial institutions in the world, our founding members use their valuable knowledge, experience, and superior skill for the sole purpose of achieving positive results for investors. These traits are the hallmarks of our innovative approach to each case our Firm decides to prosecute. For more information please visit our website at www.andrewsspringer.com. This notice may constitute Attorney Advertising.