Austin Business Journal: “Payday lenders file lawsuits against Austin”

June 18, 2012

Excerpt: Two payday lenders have filed lawsuits against the city of Austin nearly a year after city officials adopted an ordinance designed to regulate such businesses. Austin-based EZCorp Inc. (Nasdaq: EZPW), one of the largest payday lenders in the world, wasn’t involved in the ordinance, which went into effect in January, and company officials at the time said they were disappointed at not being included in any discussion concerning such regulation. EZCorp officials could not be reached for comment on the recently filed lawsuits.  Read more here >>