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Deadline on January 14th coming up in Lawsuit for Investors in Armstrong Flooring, Inc. (NYSE: AFI)

01-14-2020 09:05 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

A Deadline is coming up on January 14, 2020 in the lawsuit for certain investors in Armstrong Flooring, Inc. (NYSE: AFI) and NYSE:

A Deadline is coming up on January 14, 2020 in the lawsuit for certain investors in Armstrong Flooring, Inc. (NYSE: AFI) and NYSE:

A deadline is coming up on January 14, 2020 in the lawsuit filed for certain investors of Armstrong Flooring, Inc. (NYSE: AFI) over alleged securities laws violations by Armstrong Flooring, Inc.

Investors who purchased shares of Armstrong Flooring, Inc. (NYSE: AFI) have certain options and there are strict and short deadlines running. Deadline: January 14, 2020. NYSE: AFI stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

According to the complaint filed in the U.S. District Court for the Central District of California the plaintiff alleges on behalf of purchasers of Armstrong Flooring, Inc. (NYSE: AFI) common shares between March 6, 2018 and November 4, 2019, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between March 6, 2018 and November 4, 2019, the Defendants failed to disclose to investors that the Company had engaged in channel stuffing to artificially boost sales, that the Company’s internal control over inventory levels was not effective, and that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

Those who purchased shares of Armstrong Flooring, Inc. (NYSE: AFI) have certain options and should contact the Shareholders Foundation.

Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

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