SOURCE: Kahn Swick & Foti, LLC

November 20, 2013 22:00 ET

DFC GLOBAL SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Reminds Investors With Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against DFC Global Corp. - DLLR

NEW ORLEANS, LA--(Marketwired - Nov 20, 2013) - Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until January 21, 2014 to file lead plaintiff applications in a securities class action lawsuit against DFC Global Corp. (NASDAQ: DLLR), if they purchased the Company's securities during the period between January 28, 2011 and August 22, 2013, inclusive (the "Class Period"). This action is pending in the United States District Court for the Eastern District of Pennsylvania.

What You May Do

If you purchased shares of DFC Global and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, call toll-free at 1-877-515-1850, or email KSF Managing Partner Lewis Kahn (lewis.kahn@ksfcounsel.com) or KSF Partner Melinda Nicholson (melinda.nicholson@ksfcounsel.com). If you wish to serve as a lead plaintiff in this class action, you must petition the Court by January 21, 2014.

About the Lawsuit

DFC Global and certain of its executives are charged with issuing a series of materially false and misleading statements during the Class Period, violating federal securities laws. 

These false statements and omissions included, in part, that DFC Global: (i) systematically issued high-fee predatory loans to consumers that had no reasonable means to be repaid; (ii) continuously rolled over or refinanced loans in order to delay or avoid defaults; (iii) failed to conduct adequate affordability assessments on its customers; (iv) understated its loan loss rates; (v) inflated its earnings guidance for 2013 fiscal year because it was dependent upon the Company's improper lending practices; and (vi) as a result of DFC Global's irresponsible lending, failed to comply with industry regulations and guidance.

About Kahn Swick & Foti, LLC

To learn more about KSF, whose partners include the Former Louisiana Attorney General, Charles C. Foti, Jr., and other lawyers with significant experience litigating complex securities class actions nationwide on behalf of both institutional and individual shareholders, you may visit www.ksfcounsel.com.

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