Great American Capital Partners Provides $30 Million to hhgregg, Inc. as part of Wells Fargo-led Financing
- Press Release
I, Ian Corydon , certify that this report reflects my personal beliefs about this company and that no portion of my compensation was, is or will be directly or indirectly related to the specific recommendations or views discussed in this report.
Initiated Coverage on 04/24/2013 with a "Buy" Rating and Price Target of $10.50
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Inside Ownership - Nearly 34% of the shares are owned by the Bagley family. Decisions made by them could materially affect the share price.
Financial Restatements - The company has restated multiple years of financial results within the last ten years.
Accounting Fraud - In 2003, the company's former CEO and CFO were accused of accounting fraud.