NEW YORK, May 10, 2019 (GLOBE NEWSWIRE) — Bragar Eagel & Squire, P.C. is investigating potential claims against Interface, Inc. (NASDAQ: TILE) on behalf of Interface stockholders. Our investigation concerns whether Interface has violated the federal securities laws and/or engaged in other unlawful business practices.
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On April 24, 2019, Interface disclosed that the Company received a letter from the Securities and Exchange Commission (“SEC”) in November 2017, and that the Company subsequently received subpoenas from the SEC in February 2018, July 2018, and April 2019. Interface also disclosed that its Vice President and Chief Accounting Officer was placed on paid administrative leave from the Company after it was learned that in 2018, in the process of collecting materials from 2015, 2016, and 2017 for production to the SEC, he added certain notes to those materials that were then produced to the SEC.
On this news, Interface’s share price fell by more than 8%, closing at $15.66 on April 25, 2019.
If you purchased or otherwise acquired Interface shares and suffered a loss, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at email@example.com, or telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
Bragar Eagel & Squire, P.C. is a New York-based law firm concentrating in commercial and securities litigation. For additional information concerning our investigation into Interface please go to http://www.bespc.com/tile/. For additional information about Bragar Eagel & Squire, P.C., please go to www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.