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GreenSky Inc.

  • Company: GreenSky Inc.
  • Ticker: GSKY
  • Class Action Period: May 21, 2018 – November 12, 2018
0 Days Left Lead Plaintiff Deadline: January 28, 2019

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If you suffered a loss on your GreenSky Inc. investments or would like to inquire about joining an action to recover your loss under the federal securities laws, please complete the form below. Please note that submission of this form does not by itself form an attorney-client relationship nor does filling out this form mean you have joined any lawsuit.

Background

On November 6, 2018, GreenSky lowered its full year 2018 transaction volume guidance from between $5.1 and $5.3 billion to between $4.9 and $5.1 billion, and lowered its full year 2018 Adjusted EBITDA guidance from between $192 and $199 million to between $165 and $175 million. GreenSky attributed the reduction to a general labor shortage and unfavorable shifts in its loan mix.

On this news, GreenSky’s share price fell $5.38 per share, or 36.7%, to close at $9.28 per share on November 6, 2018, thereby injuring investors.

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