SHAREHOLDER ALERT: Law Office of Brodsky & Smith, LLC Announces Investigation of Nicholas Financial, Inc.

  SHAREHOLDER ALERT: Law Office of Brodsky & Smith, LLC Announces
  Investigation of Nicholas Financial, Inc.

Business Wire

BALA CYNWYD, Pa. -- December 19, 2013

Law office of Brodsky & Smith, LLC announces that it is investigating
potential claims against the Board of Directors of Nicholas Financial, Inc.
(“Nicholas Financial” or the “Company”) (Nasdaq:Nick) relating to the proposed
acquisition by of the company by Prospect Capital Corporation.

Click here to learn more about the investigation, or call:
877-534-2590. There is no cost or obligation to you.

Under the terms of the transaction, Nicholas Financial shareholders will
receive only $16.00 in cash for each share of Nicholas Financial stock they
own. The investigation concerns possible breaches of fiduciary duty and other
violations of state law by the Board of Directors of Nicholas Financial for
not acting in the Company’s shareholders' best interests in connection with
the sale process. The transaction may undervalue the Company and will result
in a loss or no real gain for many Nicholas Financial shareholders. Nicholas
Financial stock traded above the sale price at $17.20 per share on October 25,
2013 and traded at $16.04 per share as recently as November 27, 2013.

If you own shares of Nicholas Financial common stock and wish to discuss the
legal ramifications of the proposed transaction, or have any questions, you
may e-mail or call the law office of Brodsky & Smith, LLC who will, without
obligation or cost to you, attempt to answer your questions. You may contact
Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC,
Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at, by visiting, or calling toll
free 877-LEGAL-90.

Brodsky & Smith, LLC is a litigation law firm with extensive expertise
representing shareholders throughout the nation in securities and case action
lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous
courts throughout the country to serve as lead counsel in class actions and
successfully recovered millions of dollars for our clients and shareholders.
Attorney advertising. Prior results do not guarantee a similar outcome.


Brodsky & Smith, LLC
Jason L. Brodsky, Esquire
Evan J. Smith, Esquire
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