IMPORTANT INVESTOR ALERT: Goldberg Law PC Announces Securities Class Action Lawsuit Against Fifth Street Finance Corp. and Advises Shareholders to Contact the Firm Prior to the Lead Plaintiff Deadline
LOS ANGELES--(BUSINESS WIRE)-- Goldberg Law PC (http://www.Goldberglawpc.com) announces that a class action lawsuit has been filed against Fifth Street Finance Corp. (“Fifth Street” or the “Company”) (NASDAQ: FSC). Investors who purchased or otherwise acquired shares between July 7, 2014 and February 6, 2015, inclusive (the “Class Period”), should contact the firm prior to the November 30, 2015, lead plaintiff deadline.
If you are a shareholder who suffered a loss during the Class Period, we advise you to contact Michael Goldberg or Brian Schall, of Goldberg Law PC, 13650 Marina Pointe Dr. Suite 1404, Marina Del Rey, CA 90292, at 800-977-7401, to discuss your rights without cost to you. You can also reach us through the firm’s website at http://www.Goldberglawpc.com, or by email at [email protected].
The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the complaint, Fifth Street was involved in a fraudulent scheme to artificially inflate the Company’s assets and investment income to increase Fifth Street Asset Management’s revenue by: (1) pushing Fifth Street into increasingly risky investments at unsustainable leverage levels; (2) delaying the write down of impaired investments to create the appearance of increasing revenues for Fifth Street Asset Management; and (3) systematically overstating the income generated by Fifth Street’s investments and the fair value of its portfolio. When the truth was revealed, shares dropped causing investors harm.
If you have any questions concerning your legal rights in this case, please immediately contact Goldberg Law PC at 800-977-7401, or visit our website at http://www.Goldberglawpc.com, or email us at [email protected].
Goldberg Law PC represents shareholders around the world and specializes in securities class actions and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com: http://www.businesswire.com/news/home/20151006006788/en/
Goldberg Law PC, Los Angeles
Michael Goldberg, Esq. 800-977-7401
Brian
Schall, Esq. 800-977-7401
[email protected]
http://www.Goldberglawpc.com
https://twitter.com/search?q=goldberglawpc&src=typd
https://www.facebook.com/pages/Goldberg-Law-PC/850505465033804?fref=ts
Source: Goldberg Law PC
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