Binkow & Goldberg LLP announces that all purchasers of the
common stock of The
Cash Store Financial Services, Inc. (“Cash Store Financial” or the
“Company”) (NYSE:CSFS) between November 24, 2010 and May 13, 2013,
inclusive (the “Class Period’), have until August 26, 2013 to file a
motion to be appointed as lead plaintiff in the shareholder lawsuit
filed in the United States District Court for the Southern District of
A COPY OF THE COMPLAINT
IS AVAILABLE FROM THE COURT OR FROM GLANCY BINKOW & GOLDBERG LLP. PLEASE
CONTACT US AT (212) 682-5340, TOLL-FREE AT (888) 773-9224, OR AT [email protected]
TO DISCUSS THIS MATTER OR IF YOU PURCHASED CASH STORE FINANCIAL SHARES
PRIOR TO THE CLASS PERIOD. IF YOU INQUIRE BY EMAIL PLEASE INCLUDE YOUR
MAILING ADDRESS, TELEPHONE NUMBER AND NUMBER OF SHARES PURCHASED.
Cash Store Financial provides alternative financial products and
services in Canada and the United Kingdom under the Cash Store Financial
and Instaloans names.
On December 10, 2012, Cash Store Financial announced it will restate its
consolidated interim financial statements for the three and six months
ended March 31, 2012 and the three and nine months ended June 30, 212,
to correct understated provisions for loan loss losses and the
recognition of certain expenses and loans receivable. The Company
further disclosed that it had identified material weaknesses in its
internal control over financial reporting.
Then, on May 13, 2013 the Company announced that it would again restate
its financial results as a result of improperly calculated losses
accrued due to a lawsuit settlement, that the Company’s previous
financial reports should not be relied upon, and that material
weaknesses in the Company’s internal controls for accounting existed
during all periods dating back to 2010.
If you are a member of the Class described above you may move the Court
no later than August 26, 2013 to serve as lead plaintiff; however, you
must meet certain legal
requirements. To be a member of the Class you need not take any
action at this time; you may retain counsel of your choice or take no
action and remain an absent member of the Class.
more about this action or if you purchased Cash Store Financial
securities prior to the Class Period and have any questions concerning
this Notice or your rights or interests with respect to these matters,
please contact Michael
Goldberg, Esquire, of Glancy Binkow & Goldberg LLP, 1925 Century
Park East, Suite 2100, Los Angeles, California 90067, Toll-Free at (888)
773-9224, or contact Gregory
Linkh, Esquire, of Glancy Binkow & Goldberg LLP at 122 E. 42nd
Street, Suite 2920, New York, New York 10168, at (212) 682-5340, by
e-mail to [email protected],
or visit our website at http://www.glancylaw.com.
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
Copyright Business Wire 2013