Rooney ex rel. Situated v. Ezcorp, Inc. SAM SPARKS SENIOR USA DISTRICT JUDGE EZCORP filed its restated financials from 2Q12 through 1Q15. The Restatement unveiled, among other activities, EZCORP’s working earnings had been overstated by $90.7 million, or 27.3%, through the restated durations, as well as its profits per share were overstated by $0.78, or 36.8%, through the restated periods. After the filing of its restated economic outcomes, EZCORP’s stock declined $0.29 per share to shut at $6.51 per share. III. Procedural History Plaintiff filed this lawsuit, alleging Defendants false and deceptive statements caused EZCORP’s stock to trade at artificially filled costs and Plaintiff suffered economic losings as a consequence of EZCORP’s restated economic reports. See Compl. #1. The Court granted Defendants’ first motion to dismiss, concluding Plaintiff failed to plead facts showing an inference that is strong Kuchenrither possessed the prerequisite scienter once the statements had been made. Order #44 at 1, 14-24. The Court’s dismissal ended up being without prejudice, and Plaintiff filed his second complaint that is amended. See 2nd Am. Compl. #47. Into the second amended issue, Plaintiff again alleged Defendants violated federal securities legislation by simply making false and deceptive statements built to artificially inflate…
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