SHAREHOLDER ALERT: CURO Group Holdings Corp. Officers and Directors Under Research for Allegedly Misleading Statements Concerning Short-Term Payday Advances
Schubert Jonckheer & Kolbe LLP is investigating shareholder that is potential claims on the behalf of stockholders of CURO Group Holdings Corp. (NYSE: CURO) linked to the business’s statements regarding its 2018 change far from short-term pay day loans in Canada the business’s many profitable type of company.
Historically, the issuance of short-term payday advances at high interest levels happens to be key to Curo’s monetary success and an integral motorist of its development. Nonetheless, as regulators in Canada increasingly cracked straight straight down on predatory financing techniques, Curo eliminated these profitable loans that are single-pay 2018 in support of open-end loan services and products with somewhat reduced yields. In performing this, Curo guaranteed investors that any negative affect its company is minimal.