SHAREHOLDER ALERT: CURO Group Holdings Corp. Officers and Directors Under Research for Allegedly Misleading Statements Concerning Short-Term Payday Advances

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) pertaining to the company’s statements regarding its 2018 change away from short-term payday advances in Canada the business’s many lucrative type of company.

Historically, the issuance of short-term pay day loans at high interest levels has been key to Curo’s economic success and a driver that is key of development. Nonetheless, as regulators in Canada increasingly cracked straight straight down on predatory financing methods, Curo eliminated these profitable loans that are single-pay 2018 and only open-end loan products with somewhat reduced yields. (more…)