Top Menu

Unable To File Its Annual Report Due In Large Part To An FCPA Investigation, World Acceptance Corp. Stock Drops 12.4%

world accept

World Acceptance Corporation is a South Carolina based consumer finance company operating in 15 U.S. states and Mexico. It is also the parent company of ParaData Financial Systems, a provider of computer software solutions for the consumer finance industry.

Since late April, its stock price has been on a tear.

That ended yesterday as the company’s stock price fell approximately 12.4% upon disclosing that it would be unable to file its annual report due in large part to a Foreign Corrupt Practices Act investigation.

Continue Reading

Powered by WordPress. Designed by WooThemes