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Latest Nicholas Financial (NICK) Headlines

NICHOLAS FINANCIAL SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Reminds Investors with Large Financial Interests of Lead Plaintiff Deadline in Class Action Lawsuit Against Nicholas Financial Inc. - NICK
GlobeNewswire - Mon Feb 10, 9:00PM CST
Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until April 11, 2014 to file lead plaintiff applications in a securities class action lawsuit against Nicholas Financial Inc. (Nasdaq:NICK), on behalf of holders of its common stock as of December 18, 2013. This action is pending in the United States District Court for the Middle District of Florida.

Faruqi & Faruqi Announces Filing Of Class Action Lawsuit Against Nicholas Financial, Inc.
PR Newswire - Mon Feb 10, 4:49PM CST
Notice is hereby given that a class action lawsuit has been filed in the United States District Court for the Middle District of Florida, on behalf of all shareholders of Nicholas Financial, Inc. ("Nicholas Financial" or the "Company") (NASDAQ: NICK) who held common stock on or before December 18, 2013, the day the Company agreed to be acquired, in connection with the proposed acquisition of the Company by Prospect Capital, Inc.

Robbins Geller Rudman & Dowd LLP Files Class Action Suit against Nicholas Financial, Inc.
Business Wire - Mon Feb 10, 12:10PM CST
Robbins Geller Rudman & Dowd LLP ("Robbins Geller") today announced that a class action has been commenced in the United States District Court for the Middle District of Florida on behalf of holders of Nicholas Financial, Inc. ("Nicholas Financial") (NASDAQ:NICK) common stock on December 18, 2013, in connection with the proposed acquisition of Nicholas Financial by Prospect Capital Corporation and certain of its affiliates ("Prospect Capital").

Nicholas Financial Reports 3rd Quarter Results
GlobeNewswire - Tue Feb 04, 9:49PM CST
Nicholas Financial, Inc. (Nasdaq:NICK) announced that for the three months ended December 31, 2013 net earnings decreased 17% to $3,827,000 as compared to $4,596,000 for the three months ended December 31, 2012. Per share diluted net earnings decreased 18% to $0.31 as compared to $0.38 for the three months ended December 31, 2012. Revenue increased 1% to $20,761,000 for the three months ended December 31, 2013 as compared to $20,605,000 for the three months ended December 31, 2012.

The End of Consumer Lending As You Know It Is Around the Corner
Jordan Wathen, The Motley Fool - Motley Fool - Sat Feb 01, 7:32AM CST
Photo: Seth Anderson Payday lending is illegal in 15 U.S. states. But thanks to the Internet, almost anyone can get a high-interest consumer loan, even if it's illegal in the state in which they reside. Fly-by-night operators make it so. The...

Acquisition of Nicholas Financial, Inc. by Prospect Capital Corporation May Not Be in Shareholders' Best Interests
PR Newswire - Fri Jan 17, 7:50PM CST
Shareholder rights attorneys at Robbins Arroyo LLP are investigating the acquisition of Nicholas Financial (NASDAQ: NICK) by Prospect Capital Corporation (NASDAQ: PSEC). On December 18, 2013, the two companies announced the signing of a definitive merger agreement pursuant to which Prospect Capital will acquire all outstanding shares of Nicholas Financial for $16.00 per share.

Nicholas Financial, Inc. Stockholders Encouraged to Contact Securities Law Firm about Takeover
PR Newswire - Fri Jan 17, 10:31AM CST
Securities lawyers at Deans & Lyons announce an investigation of the board of Nicholas Financial, Inc. (NASDAQ: NICK) in connection with a buyout for $16.00 per share in cash. Concerned NICK investors are encouraged to contact attorney Hamilton Lindley at 877-819-8033 or hlindley@deanslyons.com about their rights and remedies.

5 Reasons Prospect Capital Is Buying Another Subprime Lender
Jordan Wathen, The Motley Fool - Motley Fool - Thu Dec 19, 6:10PM CST
Photo by: SliceofNYC . Prospect Capital is on an acquisition spree. Last week, it nearly doubled its investment in apartment buildings. This week, it announced a $326 million acquisition of Nicholas Financial , a subprime automotive lender....

SHAREHOLDER ALERT: Law Office of Brodsky & Smith, LLC Announces Investigation of Nicholas Financial, Inc.
Business Wire - Thu Dec 19, 5:35PM CST
Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Nicholas Financial, Inc. ("Nicholas Financial" or the "Company") (Nasdaq:Nick) relating to the proposed acquisition by of the company by Prospect Capital Corporation.

Nicholas Financial Shareholder Alert: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Investigate Sale to Prospect Capital
Business Wire - Thu Dec 19, 10:33AM CST
Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor LLP are investigating potential claims against the Board of Directors of Nicholas Financial, Inc. (NASDAQ: NICK) related to the acquisition by Prospect Capital Corporation for shareholders. Under the terms of the definitive agreement valued at approximately $340 million, Nicholas shareholders will only receive $16.00 in cash for each share of NICK stock owned.

Harwood Feffer LLP Announces Investigation of Nicholas Financial Inc.
PR Newswire - Wed Dec 18, 7:45PM CST
Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Nicholas Financial Inc. ("Nicholas Financial" or the "Company") (NASDAQ: NICK) concerning the proposed acquisition of the Company by Prospect Capital ("Prospect").

SHAREHOLDER ALERT: Law Office of Brodsky & Smith, LLC Announces Investigation of Nicholas Financial, Inc. - NICK
PR Newswire - Wed Dec 18, 5:35PM CST
Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Nicholas Financial, Inc. ("Nicholas Financial" or the "Company") (Nasdaq -NICK) relating to the proposed acquisition by of the company by Prospect Capital Corporation.

INVESTOR ALERT Levi & Korsinsky, LLP Announces Investigation of Nicholas Financial, Inc. and Its Board of Directors In Connection with the Sale of the Company to Prospect Capital Corporation -- NICK
Business Wire - Wed Dec 18, 11:58AM CST
Levi & Korsinsky notifies investors of Nicholas Financial, Inc. ("Nicholas Financial") (Nasdaq: NICK) of possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Prospect Capital Corporation (Nasdaq: PSEC).

NICHOLAS FINANCIAL INVESTOR ALERT: Faruqi & Faruqi, LLP Announces the Investigation of Nicholas Financial, Inc. (NICK) Over the Proposed Sale of the Company to Prospect Capital Corporation
Business Wire - Wed Dec 18, 11:22AM CST
Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Nicholas Financial, Inc. ("Nicholas Financial" or the "Company") (NasdaqGS: NICK) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to Prospect Capital Corporation in a cash deal valued at approximately $199 million. Under the terms of the proposed transaction, Nicholas Financial's stockholders will receive $16.00 for each share of Nicholas Financial common stock they own.

Shareholder Rights Law Firm Johnson & Weaver, LLP Announces Investigation of Nicholas Financial, Inc. Proposed Acquisition by Prospect Capital Corporation
Business Wire - Wed Dec 18, 9:18AM CST
Shareholder Rights Law Firm Johnson & Weaver, LLP is investigating whether members of the board of directors of Nicholas Financial, Inc. (Nasdaq:NICK) breached their fiduciary duties in connection with the proposed acquisition by Prospect Capital Corporation (NasdaqSEC).

Challenge the Buyout: Ademi & O'Reilly, LLP Investigates Whether Nicholas Financial, Inc. Has Obtained a Fair Price in Its Sale to Prospect Capital Corporation
GlobeNewswire - Wed Dec 18, 8:27AM CST
We are investigating the Board of Directors of Nicholas Financial, Inc. for possible breaches of fiduciary duty and other violations of state law in connection with the sale of Nicholas to Prospect Capital.

Prospect Capital Corporation Agrees to Acquire Nicholas Financial, Inc. in a $340 Million Transaction Pro Forma Earnings Accretive to Prospect
Marketwire - Wed Dec 18, 6:45AM CST
Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect") announced today that Prospect has entered into a definitive agreement to acquire 100% of the common stock of Nicholas Financial, Inc. (NASDAQ: NICK) ("Nicholas") for $16.00 per share. Subject to certain conditions, the transaction is currently contemplated to close in April 2014, although this timing could be earlier or later depending on the time required to obtain the requisite approvals. The Board of Directors of Nicholas has voted to recommend the transaction to the security holders of Nicholas.

Nicholas Financial Enters Into Arrangement Agreement With Prospect Capital Corporation
GlobeNewswire - Wed Dec 18, 6:30AM CST
Nicholas Financial, Inc. (the "Company") (Nasdaq:NICK) announced today that it has signed an arrangement agreement dated December 17, 2013 (the "Arrangement Agreement") whereby the Company has agreed to sell all of its issued and outstanding Common shares to an indirect wholly-owned subsidiary of Prospect Capital Corporation ("Prospect"), pursuant to a plan of arrangement (the "Arrangement") under the Business Corporations Act (British Columbia).

Nicholas Financial Up 28.7% Since SmarTrend Uptrend Call (NICK)
Comtex SmarTrend(R) - Thu Oct 31, 9:49AM CDT
SmarTrend identified an Uptrend for Nicholas Financial (NASDAQ:NICK) on December 4th, 2012 at $13.11. In approximately 11 months, Nicholas Financial has returned 28.68% as of today's recent price of $16.87.

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