Boston, Massachusetts--(Newsfile Corp. - October 18, 2022) - Berman Tabacco, a national law firm representing investors, is investigating potential securities law violations by Conn's Inc. ("Conn's" or the "Company") (NASDAQ: CONN), a specialty retailer of home goods, including furniture, appliances and consumer electronics.
Discuss Your Legal Rights and Options
If you sustained significant losses from your transactions in Conn's common stock and would like to discuss your legal rights and/or options, please provide your information here: Shareholder Contact | Berman Tabacco.
About the Investigation
On October 18, 2022, before the market open, Conn's issued a press release announcing that "President and Chief Executive Officer Chandra Holt has stepped down from her position and from the Company's Board effective immediately." The Company further revealed that "[a]s part of the leadership change, and continued macroeconomic and retail uncertainty, Conn's has withdrawn its previous fiscal year 2023 financial guidance."
On this news, Conn's stock opened at $6.30 per share, down $1.81 per share from its close on October 17, 2022.
No Responsibility for Attorney's Fees or Expenses
Berman Tabacco typically represents individuals and entities in class actions on a contingency fee basis, meaning we advance all attorneys' fees and expenses in the litigation. If the case is successful, the firm will ask the court to award the firm attorneys' fees and the reimbursement of expenses from any settlement fund. If we are not successful, you will not be responsible for the reimbursement of attorneys' fees or expenses.
About Berman Tabacco
Berman Tabacco is one of the country's highly ranked class action law firms representing institutions and individuals in lawsuits, seeking to recoup losses caused by corporate and board misconduct and violations of the securities and antitrust laws. Since 1982, our firm has prosecuted hundreds of securities and antitrust complex cases. The firm and its attorneys have been recognized for their work on behalf of plaintiffs, including by Chambers USA, Benchmark Litigation, which has ranked the firm as Highly Recommended and a Top Ten Plaintiffs, The Legal 500, U.S. News & World Report-Best Lawyers, The Daily Journal, Lawdragon, Who's Who Legal, and Super Lawyers.
The firm has offices in Boston, Massachusetts and San Francisco, California.
This notice may constitute attorney advertising.
Past results do not guarantee future outcomes.
Contact:
Berman Tabacco
Jay Eng, Esq.
One Liberty Square
Boston, Massachusetts
(800) 516-9926
Email: [email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/141006
