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Goldfarb Branham LLP Is Investigating Meta Financial For Possible Securities Law Violations

Goldfarb Branham LLP is investigating whether certain officers and directors of Meta Financial Group, Inc. (NASDAQ: CASH) violated the federal securities laws. As a result of recent disclosures made to the Securities Exchange Commission, Meta Financial’s stock plummeted from $33.23 to $13.29 on October 19, 2010. Concerned Meta Financial shareholders are urged to contact securities lawyer Hamilton Lindley at 877-583-2855 or hlindley@goldfarbbranham.com for details about their rights.

On October 18, 2010, Meta Financial made the announcement that the Office of Thrift Supervision temporarily blocked Meta “from entering into contracts, including adding new banks for selling cards under its Simplexes program.” Following this announcement, the Company’s stock fell from a $33.23 closing price on October 12, 2010, to a $13.29 closing price on October 19, 2010.

If you would like to discuss your legal rights or have information that would assist the firm in this investigation, you are encouraged to contact Hamilton Lindley at 877-583-2855 or hlindley@goldfarbbranham.com. Goldfarb Branham LLP has experience representing shareholders in securities actions nationwide.

Copyright Business Wire 2010

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