World Acceptance, a Greenville, S.C.-based finance company that provides subprime consumer loans, recently submitted documents to the Consumer Financial Protection Bureau as part of a federal investigation into its lending practices, CEO Sandy McLean said during an investor call this week.

The investigation concerns possible violations of consumer protection and truth-in-lending laws. The company also faces litigation from a former shareholder who has accused it of securities fraud for misleading investors. McLean did not address pending litigation during the call.

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