EQUITY ALERT: Rosen Law Firm Files Securities Class Action Against Conn's, Inc. to Recover Investor Losses -- CONN


NEW YORK, Dec. 12, 2014 (GLOBE NEWSWIRE) -- The Rosen Law Firm, a global investor rights firm, announced today that it has filed a class action lawsuit on behalf of all purchasers of the securities of Conn's, Inc. (Nasdaq:CONN) between September 2, 2014 and December 9, 2014. The lawsuit seeks to recover losses of Conn's investors under the federal securities laws.

To join the Conn's class action, go to the website at http://rosenlegal.com/cases-462.html or call Phillip Kim, Esq. or Kevin Chan, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or kchan@rosenlegal.com for information on the class action. The case filed by the firm is pending in the U.S. District Court for the Southern District of Texas.

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. YOU MAY RETAIN COUNSEL OF YOUR CHOICE.

"The lawsuit claims that Conn's misled investors by failing to disclose the true extent of the deterioration of its credit portfolio," said Rosen attorney Phillip Kim. The suit claims that true state of its deteriorated credit portfolio was revealed on December 9, 2014, when the Conn's withdrew its financial guidance and admitted that its prior financial guidance was not "acceptably accurate." On this news, Conn's shares lost over 40% of its value. 

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than February 10, 2015. If you wish to join the litigation or to discuss your rights or interests regarding this class action, please contact, Phillip Kim, Esq. or Kevin Chan, Esq. of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or kchan@rosenlegal.com.

The Rosen Law Firm focuses on prosecuting securities class action litigation and actions involving financial fraud. The Rosen Law Firm represents investors throughout the globe.



            

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