openPR Logo
Press release

Investigation announced for Long-Term Investors in shares of Mohawk Industries, Inc. (NYSE: MHK)

04-06-2020 07:00 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of current long term investors in Mohawk Industries, Inc. (NYSE: MHK) shares.

An investigation on behalf of current long term investors in Mohawk Industries, Inc. (NYSE: MHK) shares.

An investigation was announced concerning potential breaches of fiduciary duties by certain directors and officers of Mohawk Industries, Inc..

Investors who are current long term investors in Mohawk Industries, Inc. (NYSE: MHK) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm for current long term investors in NYSE: MHK stocks follows a lawsuit filed against Mohawk Industries, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE: MHK stocks, concerns whether certain Mohawk Industries, Inc. directors are liable in connection with the allegations made in that lawsuit.

According to that complaint filed in the U.S. District Court for the Southern District of New York over the plaintiff alleges that the Defendants failed to disclose to investors that the Company engaged in deceptive and unsustainable sales practices to mask declining customer demand for its Conventional Flooring products, that Mohawk's increasing inventories was not the result of increasing inflation or the Company's backward integration, but instead the result of the Company deliberately stuffing the channels with Conventional Flooring Products to boost sales, and that as a result, defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Those who purchased shares of Mohawk Industries, Inc. (NYSE: MHK) 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.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Investigation announced for Long-Term Investors in shares of Mohawk Industries, Inc. (NYSE: MHK) here

News-ID: 2000859 • Views:

More Releases from Shareholders Foundation

Investigation announced for Investors in shares of Lifecore Biomedical, Inc. (NASDAQ: LFCR) over possible Violations of Securities Laws
Investigation announced for Investors in shares of Lifecore Biomedical, Inc. (NA …
An investigation was announced for investors of Lifecore Biomedical, Inc. (NASDAQ: LFCR) shares over potential securities laws violations by Lifecore Biomedical, Inc. Investors who purchased shares of Lifecore Biomedical, Inc. (NASDAQ: LFCR), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554. The investigation by a law firm focuses on whether a series of statements by Lifecore Biomedical, Inc. regarding its business, its prospects and
Investigation announced for Investors in shares of Designer Brands Inc. (NYSE: DBI) over potential Wrongdoing by certain directors
Investigation announced for Investors in shares of Designer Brands Inc. (NYSE: D …
An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at Designer Brands Inc. Investors who purchased shares of Designer Brands Inc. (NYSE: DBI) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554. The investigation by a law firm concerns whether certain Designer Brands Inc. directors breached their fiduciary duties and caused damage to the company and its shareholders. Columbus,
Lawsuit Alert: Investors who lost money with shares of Innoviz Technologies Ltd. (NASDAQ: INVZ) should contact the Shareholders Foundation
Lawsuit Alert: Investors who lost money with shares of Innoviz Technologies Ltd. …
An investor, who purchased shares of Innoviz Technologies Ltd. (NASDAQ: INVZ), filed a lawsuit over alleged violations of Federal Securities Laws by Innoviz Technologies Ltd. in connection with certain allegedly false and misleading statements. Investors who purchased shares of Innoviz Technologies Ltd. (NASDAQ: INVZ) have certain options and for certain investors are short and strict deadlines running. Deadline: May 14, 2024. NASDAQ: INVZ investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com
Lawsuit filed for Investors who lost money with shares of iRobot Corporation (NASDAQ: IRBT)
Lawsuit filed for Investors who lost money with shares of iRobot Corporation (NA …
An investor, who purchased shares of iRobot Corporation (NASDAQ: IRBT), filed a lawsuit over alleged violations of Federal Securities Laws by iRobot Corporation in connection with certain allegedly false and misleading statements. Investors who purchased shares of iRobot Corporation (NASDAQ: IRBT) have certain options and for certain investors are short and strict deadlines running. Deadline: May 7, 2024. NASDAQ: IRBT investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858)

All 5 Releases


More Releases for Mohawk

Carpet Market is Dazzling Worldwide | Shaw Industries, Mohawk, Oriental Weavers
The latest release from HTF MI highlights the key market trends impacting the growth of the Global Carpet market. The study highlights influencing factors that are impacting or reinforcing market environment such as Government Policy, technological changes etc along with key market drivers. The research study forecast Revenue Opportunities and Sales Volume Area taken into consideration the primaries from industry experts and includes relevant data such as (revenue, market Size,
Global Carpet Market 2019 - Shaw Industries, Mohawk, Oriental Weavers, Milliken
This new report by Eon Market Research, titled “Global Carpet Market 2019 Research Report, 2015 – 2025” offers a comprehensive analysis of Carpet industry at a global as well as regional and country level. Key facts analyzed in this report include the Carpet market size by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025. This report primarily focuses on the study of the competitive
Mohawk Industries: - Ceramic Tiles Market 2018 Top key Manufacturers are Kajaria …
Ceramic tiles market for wall might witness gains exceeding 9.5% over the forecast timeframe. Wall tiles are sunlight resistant which helps in retaining its color for extended years. Also, these are available in a wide spectrum of colors which makes them desirable in walls. These are widely used in kitchens owing to their easy to clean characteristics. Ceramic Tiles Market size is set to reach USD 178.16 billion by 2024. Robust
Carpet Market Is Booming Worldwide | Shaw Industries, Mohawk, Oriental Weavers
HTF MI recently introduced 2013-2028 Report on Global Carpet Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Shaw Industries, Mohawk, Oriental Weavers, Milliken, Beaulieu, Interface, Dinarsu,
Global Vinyl Floor Tiles Market 2018 - Forbo, LG Hausys, RiL, Mohawk
Apex Market Reports, recently published a detailed market research study focused on the “Vinyl Floor Tiles Market” across the global, regional and country level. The report provides 360° analysis of “Vinyl Floor Tiles Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of Vinyl
Global Resilient Flooring Market 2018 - Tarkett, Forbo, Beaulieu, Mohawk, Gerflo …
Apex Market Reports, recently published a detailed market research study focused on the “Resilient Flooring Market” across the global, regional and country level. The report provides 360° analysis of “Resilient Flooring Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of Resilient Flooring on