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Press Release
hsmith@howardsmithlaw.comThis investigation is for anyone who acquired securities in FirstCash Holdings, Inc. (NASDAQ: FCFS) prior to October 22, 2026.
The Law Offices of Howard G. Smith believes that the Company and certain of its executives violated federal law. Specifically, the Law Offices of Howard G. Smith believes that the Company misled investors regarding its financial condition. More specifically, the Law Offices of Howard G. Smith believes that the Company misled investors by telling investors the Company’s American First Finance (“AFF”) segment was moving past two 2024 merchant bankruptcies and returning to growth when the Company knew that was not the case.
On October 22, 2026, the Company reported third quarter financial results earnings, including that the Company’s AFF segment operating income fell approximately 28% year over year to $33 million, “due primarily to the loss of earnings from previously reported merchant partner bankruptcies,” referring primarily to Conn’s and American Freight, which filed for bankruptcy in 2024. The Company further reported gross transaction volume of lease and loan originations during the third quarter decreased 15% compared to the prior-year quarter, due in part to an alleged “increased strategic focus on merchant quality.” On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume.
The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in FirstCash Holdings, Inc. (NASDAQ: FCFS) prior to October 22, 2026 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.
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