At Enough Time, Soper Had Been In The Board Of Directors Of This Payday Industry’s Trade Group—And Chaired Its “Research Committee.”

Don Gayhardt’s Business Ended Up Being Sued By Investors For Allegedly Generating False And Misleading Statements After He Admitted It Made A “Mistake” In Portraying Its Earnings To Shareholders.

In 2018, Investors Sued CURO For Presumably “Artificially Inflating Its Stock By Simply Making False And Misleading Statements,” Costing Shareholders “Millions Of Dollars. december”

In 2018, Investors Sued CURO Group Holdings For Allegedly “Artificially Inflating Its Inventory By Simply Making False And Misleading Statements, Which Caused Shareholders To Reduce Scores Of Dollars. december” “Investors in Wichita-based payday lender CURO Group Holdings accused business handling of artificially inflating its stock by simply making false and misleading statements, which caused investors to get rid of huge amount of money. CURO Group has the fast money franchise, which includes three shops when you look at the Kansas City area. It has the Rapid money brand name within the U.S., the Wage Day Advance and Juo Loans brands in the U.K., as well as the money cash and LendDirect brands in Canada. A good investment team located in Seal Beach, Calif., called Yellowdog Partners LP, that was exchanging CURO stock on a basis that is short-term filed a lawsuit in Kansas federal court against CURO Group. Yellowdog hired Ryan Hudson and Larkin Walsh of Rex A. Sharp PA in Prairie Village, in addition to lawyers from Keller Lenkner LLC in Chicago and nyc. The plaintiff seeks status that is class-action behalf of most investors when you look at the company.” [James Dornbrook, “Shareholders look for course action against payday lender,” Kansas City company Journal, 12/07/18]

Don Gayhardt Admitted The Business Made A “‘Mistake’” Communicating Earnings To Investors: “‘We Did A Significantly Less Than Stellar Job.’”

The company Made A “‘Mistake’” Communicating Earnings To Investors: “‘We Did A Less Than Stellar Job.’” “During an Oct. 25 conference call with analysts, CURO Group CEO Donald Gayhardt apologized for the big difference in earnings guidance, calling the lack of transparency a mistake in October 2018, Don Gayhardt Admitted. ‘I think it is a tremendously reasonable critique that we did a significantly less than stellar task of describing in most likely our July call, and also back in our April call that which was going – the impact with this on kind of when you look at the near term,’ Gayhardt stated through the seminar call. ‘… (We) most likely didn’t lay it down for all of us since clearly as we most likely need to payday loans in Delaware have. And we’ll take to not to ever make that blunder once again.’” [James Dornbrook, “Shareholders look for class action against payday lender,” Kansas City company Journal, 12/07/18]

Melissa Soper, CURO: Payday Executive With Ties To Industry-Manipulated Analysis

Longtime Payday Lending Executive Melissa Soper Worked At Dollar Financial Group Whenever It Funded An Academic Study Which Was Manipulated By The Payday Business To Dismiss Arguments Against Payday Loans—And Chaired A Trade Group’s “Research Committee.”

  • CCRF Was “Funded By Dollar Financial Group” Along With Other Businesses. “A CCRF official states the building blocks isfunded by Dollar Financial Group, which owns several payday lendingoperations, as well as other businesses.”[Amy Thomson, “Groups: Fee Nondisclosure Costly,” United States Banker, 06/10/05]
  • The Controversial Learn Ended Up Being Posted In 2011.“Arkansas Tech circulated e-mails of university of company Professor Marc Anthony Fusaro, one of many writers of a 2011 paper on pay day loans that concludes payday loans are perhaps maybe maybe not in charge of the period of debt.” [“Academic Deception,” Campaign for Accountability, 10/27/15]
  • Last year, Melissa Soper Had Been Seat Associated With The “Research Committee” For CFSA, The Payday Lending Industry’s Trade Group. Last year, while doing work for Dollar Financial Group, Melissa Soper had been from the Board of Directors when it comes to grouped Community Financial solutions Association of America (CFSA). [“CFSA Board of Directors,” Community Financial solutions Association via Wayback Machine, archived 10/31/11]