Comeback From a Crisis Situation • Our client (the “Company”) was a publicly traded leading rent-to-own retailer, with over 1,000 stores offering customers rental purchase agreements for furniture and household electronics. • A growing and profitable company, leadership discovered accounting fraud, led by a handful of employees. The fraud led to a series of adverse government and shareholder actions as well as a violation of bank covenants. • In an unprecedented move, the founder and chairman invited the SEC to conduct their investigation from company headquarters to get to the bottom of the situation and stem further damage. • The banks gave the Company two years to repay their credit facility or face onerous financial consequences. Strategic Approach • The Company prepared to rais

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