NEW YORK


,


Dec. 29, 2022


/PRNewswire/ — Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against PROG Holdings, Inc. (“PROG” or the “Company”) (NYSE: PRG).

If you suffered losses exceeding

$50,000

investing in PROG stock or options

and would like to discuss your legal rights, call Faruqi & Faruqi partner


Josh Wilson

directly

at

877-247-4292

or

212-983-9330


(Ext. 1310)

. You may also click here for additional information:


http://www.faruqilaw.com/PRG



.

There is no cost or obligation to you.

Faruqi & Faruqi is a leading minority and Woman-owned national securities law firm with offices in

New York

,

Pennsylvania

,

California

and

Georgia

.

On

August 25, 2022

,

Pennsylvania’s

Attorney General filed a lawsuit against PROG’s Progressive Leasing unit for allegedly violating the Rental Purchase Agreement Act (“RPAA”), a law that requires companies to clearly disclose fees for rent-to-own financing. According to the lawsuit, agents of the Attorney General’s Office visited multiple stores across the state that use Progressive Leasing to offer rental-purchase agreement to their customers. “The investigation revealed widespread non-compliance” with the RPAA’s disclosure requirements by Progressive Leasing and its merchant partners, the Attorney General’s Office said in a statement.

On this news, PROG’s stock price fell

$2.51

per share, or 12.14%, to close at

$18.16

per share on

August 26, 2022

.

Attorney Advertising.  The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (

www.faruqilaw.com

).  Prior results do not guarantee or predict a similar outcome with respect to any future matter.  We welcome the opportunity to discuss your particular case.  All communications will be treated in a confidential manner.

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SOURCE Faruqi & Faruqi, LLP