NEW YORK, July 8, 2013 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of the securities of World Acceptance Corp. ("World Acceptance" or the "Company") (Nasdaq: WRLD). The investigation focuses on whether the Company and its executives violated federal securities laws.
On July 5, 2013, shares of World Acceptance fell $10.51 or 11.85% to close at 78.20 after the company disclosed in a regulatory filing it hasn't been able to complete its latest annual report because of problems related to its allowance for loan losses. The Company said it has encountered unexpected delays related to additional reviews and analysis that are needed to support its allowance for loan losses, or the funds set aside to cover loans that go unpaid.
If you are aware of any facts relating to this investigation, or purchased shares of World Acceptance you can assist this investigation by contacting either Peretz Bronstein or his Investor Relations Coordinator Eitan Kimelman of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484 or via email firstname.lastname@example.org. Those who inquire by e-mail are encouraged to include their mailing address and telephone number.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Eitan Kimelman 212-697-6484
SOURCE Bronstein, Gewirtz & Grossman, LLC