TILE ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of January 11, 2021 in the Class Action Filed on Behalf of Interface, Inc. Limited Shareholders
New York, New York--(Newsfile Corp. - January 11, 2021) - The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Interface, Inc. (NASDAQ: TILE) alleging that the Company violated federal securities laws.
Class Period: March 2, 2018 and September 28, 2020
Lead Plaintiff Deadline: January 11, 2021
Learn more about your recoverable losses in TILE:
The filed complaint alleges that Interface, Inc. made materially 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) consequently, Interface, inter alia, reported artificially inflated income and earnings per share ("EPS") 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.
Shareholders have until January 11, 2021 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
For additional information about the TILE lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click the link above.
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/71750