Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2022
Seattle employment-law settlement
FirstCash paid amounts to employees and the City of Seattle to settle claims concerning alleged violations of local minimum-wage, break-time, and leave requirements.
2021
CFPB Military Lending Act lawsuit
The Consumer Financial Protection Bureau sued FirstCash and Cash America West, alleging that the companies made thousands of loans to servicemembers and their dependents at annual interest rates as high as 200%, contrary to the Military Lending Act's 36% limit, and violated a prior CFPB order.
2010
SEC insider-trading case involving former chairman Rick Powell
The SEC alleged that Rick Powell bought 100,000 First Cash shares shortly before the company announced a three-million-share repurchase. The agency alleged that the trade produced a profit and caused the company to overpay for repurchased shares. A court dismissed the claim in October 2012, finding that the disclosed repurchase program and Powell's conduct did not satisfy the legal standard for material nonpublic information.