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Rent-A-Center, Inc. (NASDAQ: RCII) Investor Lawsuit Over Alleged Wrongdoing In Acquisition Announced

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Lawsuit Overview

An investor, who currently holds shares of Rent-A-Center, Inc. (NASDAQ: RCII), filed a lawsuit in effort to halt the proposed takeover of Rent-A-Center, Inc. The plaintiff alleges that the defendants breached their fiduciary duties owed to NASDAQ: RCII stockholders by agreeing to sell Rent-A-Center, Inc. cheaply via an unfair process. On June 18, 2018, Rent-A-Center, Inc. (NASDAQ/NGS:...

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