Conn’s, Inc. (NASDAQ: CONN)

This investigation is for anyone who acquired securities in Conn’s, Inc. (NASDAQ: CONN) from December 18, 2023 through July 23, 2024.

The Law Offices of Howard G. Smith believes that the Company and certain of its executives violated federal law. Specifically, the Law Offices of Howard G. Smith believes that, throughout the time period mentioned above, the Company misled investors regarding its financial condition. More specifically, the Law Offices of Howard G. Smith believes that the Company misled investors by failing to timely inform investors that the Company was having difficulty integrating a chain of stores that the Company purchased in 2023.

On June 26, 2024, Bloomberg reported that Conn’s hired a financial adviser to help rework its debt load and integrating a chain of stores it bought last year. On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume. Then, on July 24, 2024, Bloomberg reported that Conn’s had filed for bankruptcy, stating that the Company “plans to shut down after trouble integrating a recent acquisition compounded the pain of lagging sales.” On this news, the price of the Company’s stock again dropped precipitously on unusually heavy trading volume.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in Conn’s, Inc. (NASDAQ: CONN) from December 18, 2023 through July 23, 2024 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.