Whitney Tilson: World Acceptance Falls As CFPB Expects To Bring Charges

Whitney Tilson on his short position in World Acceptance. Excerpted from an email sent to investors.

[buffett]

So great to see! One of my few remaining shorts – and I’ve been adding to it such that it’s a 2.6% position. Down ~24% after hours…

On August 7, 2015, the Company received a letter from the CFPB’s Enforcement Office notifying the Company that, in accordance with the CFPB’s discretionary Notice and Opportunity to Respond and Advise (“NORA”) process, the staff of...

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