Investigation Overview
April 22, 2013 (Update) -- On April 9, 2013, The Cash Store Financial Services Inc. announced that on April 2, 2013, it received notice from the New York Stock Exchange that it is not in compliance with certain NYSE standards for continued listing of its common shares.
Shares of the Cash Store Financial Services Inc. (NYSE:CSFS) declined from $7.99 per share in January 2012 to as low as $1.63 per share on April 19, 2013.
Dec. 14, 2012 (Shareholders Foundation) -- An investigation on behalf of investors of The Cash Store Financial Services Inc. (NYSE:CSFS) shares over potential securities laws violations by The Cash Store Financial Services Inc. and certain of its directors and officers in connection certain financial statements was announced .
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of The Cash Store Financial Services Inc. (NYSE:CSFS) concerning whether a series of statements by The Cash Store Financial Services Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Shares of the Cash Store Financial Services Inc. (NYSE:CSFS) reaches as high as high as $7.99 per share in January 2012.
Then on December 10, 2012, before the market opened, the Cash Store Financial Services Inc. (TSX: CSF; NYSE: CSFS) announced that it will restate the previously issued unaudited consolidated interim financial statements ('interim financial statements') for the three and six months ended March 31, 2012 and three and nine months ended June 30, 2012.
Shares of The Cash Store Financial Services Inc. (NYSE:CSFS) declined from $4.40 on December 6, 2012, to as low as $2.91 per share on December 10, 2012.