Press release
Deadline coming up on January 11th in Lawsuit for Investors in Interface, Inc. (NASDAQ: TILE)
A Deadline is coming up on January 11, 2021 in the lawsuit for certain investors in Interface, Inc. (NASDAQ: TILE).
Investors who purchased shares of Interface, Inc. (NASDAQ: TILE) have certain options and there are strict and short deadlines running. Deadline: January 11, 2021. NASDAQ: TILE 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 Eastern District of New York the plaintiff alleges on behalf of purchasers of Interface, Inc. (NASDAQ: TILE) common shares between March 2, 2018 and September 28, 2020, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between March 2, 2018 and September 28, 2020, the defendants made false and/or misleading statements and/or failed to disclose that Interface had inadequate disclosure controls and procedures and internal control over financial reporting, that consequently, Interface, inter alia, reported artificially inflated income and earnings per share ("EPS") in 2015 and 2016, that Interface and certain of its employees were under investigation by the Securities and Exchange Commission ("SEC") with respect to the foregoing issues since at least as early as November 2017, had impeded the SEC's investigation, and downplayed the true scope of the Company's wrongdoing and liability with respect to the SEC investigation, and that as a result, the Company's public statements were materially false and misleading at all relevant times.
Those who purchased shares of Interface, Inc. (NASDAQ: TILE) 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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