Meta Financial Group CASH Stock Purchasers File Securities Fraud Class Action Lawsuit Complaint Against Meta Financial Over iAdvance Program.
A securities fraud class action lawsuit has been filed against Meta Financial Group, Inc. (“Meta Financial” or “Defendant”) in the United States District Court for the Northern District of Iowa on behalf of a class consisting of purchasers of Meta Financial’s common stock (symbol: CASH) between May 14, 2009 through October 12, 2010 (the “Class Period”), alleging that Meta Financial and certain senior officers violated federal securities fraud laws, including the Securities Exchange Act of 1934, by allegedly issuing false and misleading financial statements relating to Meta’s operation of its iAdvance loan program, according to securities fraud class action lawsuit news reports.
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