February 9, 2016 (Shareholders Foundation) - An investigation on behalf of investors of Rent-A-Center Inc (NASDAQ:RCII) shares over potential securities laws violations by Rent-A-Center 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 Rent-A-Center Inc (NASDAQ:RCII) concerning whether a series of statements by Rent-A-Center Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Rent-A-Center Inc reported that its annual Total Revenue rose from over $3.15 billion in 2014 to over $3.27 billion in 2015 while its Net Income of $96.42 million in 2014 declined to a Net Loss of $866.63 million in 2015.

Shares of Rent-A-Center Inc (NASDAQ:RCII) declined from $34.18 per share in late 2014 to as low as $9.76 per share on February 2, 2016.