Investigation announced for Investors in shares of Interface, Inc. (NASDAQ: TILE) over potential Wrongdoing

An investigation was announced concerning potential breaches of fiduciary duties by certain directors of Interface, Inc..

Investors who are current long term investors in Interface, Inc. (NASDAQ: TILE) 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 investors in NASDAQ: TILE stocks follows a lawsuit filed against Interface, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: TILE stocks, concerns whether certain Interface 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 Eastern District of New York the plaintiff alleges that 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.

This release was published on openPR.