Cash Store Financial Services Announces Class Action Commenced in Quebec

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The Cash Store Financial Services Inc.
CSFS
today announced that a proposed class action proceeding has been commenced in Quebec against the Company and certain of its present and former directors and officers. The claim is substantially similar to the recently announced proposed class action proceedings in New York, Alberta and Ontario and the previously disclosed complaint filed by Globis Capital Partners L.P. The plaintiffs allege, among other things, that the Company made misrepresentations during the period from November 24, 2010 to May 24, 2013 regarding the Company's internal controls and financial reporting and the third-party loan portfolio acquisition. The Company plans to defend itself vigorously against what it believes are unfounded allegations.
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