NOTICE For Investors In NASDAQ: TLF: Lawsuit against Tandy Leather Factory, Inc. Announced by Shareholders Foundation

San Diego, California--(Newsfile Corp. - May 12, 2020) -  The Shareholders Foundation, Inc. announces that a lawsuit is pending for certain investors in NASDAQ: TLF shares.

Investors, who purchased shares of Tandy Leather Factory, Inc. (NASDAQ: TLF), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The plaintiff alleges Defendants failed to disclose to investors that certain costs of inventory had been improperly valued and expensed, that, as a result, the Company's financial results for certain periods were misstated, that the Company lacked effective internal control over financial reporting, that there was a material weakness in the Company's internal control over financial reporting, 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 Tandy Leather Factory, Inc. (NASDAQ: TLF) shares should contact the Shareholders Foundation, Inc.

CONTACT:

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

The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, 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. The Shareholders Foundation, Inc. is not a law firm. Any referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is only provided as a public service. It is not intended as legal advice and should not be relied upon.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/55729