Interface, Inc.
(NASDAQ GS: TILE)
Rigrodsky Law, P.A. is investigating potential claims against the officers and directors of Interface, Inc. ("Interface" or the "Company") on behalf of stockholders. A class action complaint has been filed against Interface. The complaint alleges that defendants made materially false and misleading statements regarding the Company's business, operational, and compliance policies. Specifically, defendants made false and/or misleading statements and/or failed to disclose that: (i) Interface had inadequate disclosure controls and procedures and internal control over financial reporting; (ii) therefore, Interface, among other things, reported artificially inflated income and earnings per share in 2015 and 2016; (iii) Interface and certain of its employees were under investigation by the 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 (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.