LOS ANGELES–(BUSINESS WIRE)–Glancy
Prongay & Murray LLP (“GPM”) reminds investors of the February
21, 2017 deadline to file a lead plaintiff motion in the class
action filed on behalf of a class (the “Class”) of investors who
purchased Rent-A-Center, Inc. (“Rent-A-Center” or the “Company”)
(NASDAQ: RCII)
securities between July 27, 2015, and October 10, 2016, inclusive
(the “Class Period”). Rent-A-Center investors have until February
21, 2017 to file a lead plaintiff motion.

The complaint filed in this lawsuit alleges that throughout the Class
Period, Defendants made materially false and/or misleading statements,
as well as failed to disclose material adverse facts about the Company’s
business, operations, and prospects. Specifically, Defendants failed to
disclose: (1) that Rent-A-Center could not properly implement its new
point of sale system (“POS”); (2) that, the POS was performing extremely
poorly, including several instances where the system suffered complete
outages; (3) that as a result, the Company’s Acceptance Now credit
system could not be implemented properly; (4) that the Company could not
meet revenue and profitability guidance provided to investors; (5) that,
as such, the Company would need to revise its prior guidance; and (6)
that, as a result of the foregoing, Defendants’ statements about
Rent-A-Center’s business, operations, and prospects, were false and
misleading and/or lacked a reasonable basis.

If you purchased Rent-A-Center shares, you may move the Court no later
than February 21, 2017 to request appointment as lead
plaintiff. To be a member of the class you need not take any action at
this time; you may retain counsel of your choice or take no action and
remain an absent member of the Class. If you wish to learn more about
this action, or if you have any questions concerning this announcement
or your rights or interests with respect to these matters, please
contact Lesley Portnoy, Esquire, of GPM, 1925 Century Park East, Suite
2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at
888-773-9224, by email to [email protected],
or visit our website at http://www.glancylaw.com.
If you inquire by email please include your mailing address, telephone
number and number of shares purchased.

This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.