NEW YORK–(BUSINESS WIRE)–lt;a href=”https://twitter.com/search?q=%24TILE&src=ctag” target=”_blank”gt;$TILElt;/agt; lt;a href=”https://twitter.com/hashtag/classaction?src=hash” target=”_blank”gt;#classactionlt;/agt;–The law firm of Kirby
McInerney LLP is investigating potential claims against Interface,
Inc. (“Interface” or the “Company”) (NASDAQ: TILE).
This investigation concerns whether Interface has violated federal
securities laws and/or engaged in other unlawful business practices.
On April 24, 2019, Interface disclosed that the Company had received a
letter from the Securities and Exchange Commission (“SEC”) in November
2017 and subsequent subpoenas from the SEC in February 2018, July 2018,
and April 2019 concerning “the Company’s historical quarterly earnings
per share (“EPS”) calculations and rounding practices during the period
2014-2017.” Interface also disclosed that it has placed its Vice
President and Chief Accounting Officer on paid administrative leave
after it learned that in 2018, in the process of collecting materials
from 2015, 2016, and 2017 for production to the SEC, he had added
certain notes to those materials that were then produced to the SEC. On
this news, shares of Interface fell $1.43, approximately 8.4%, to close
at $15.66 on April 25, 2019.
If you acquired Interface securities, have information, or would like to
learn more about these claims, please contact Thomas
W. Elrod of Kirby McInerney LLP at 212-371-6600, by email at [email protected],
or by filling out this
contact form, to discuss your rights or interests with respect to
these matters without any cost to you.
Kirby
McInerney LLP is a New York-based plaintiffs’ law firm concentrating
in securities, antitrust, and whistleblower litigation. The firm’s
efforts on behalf of shareholders in securities litigation have resulted
in recoveries totaling billions of dollars. Additional information about
the firm can be found at Kirby McInerney LLP’s website: www.kmllp.com.
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
Contacts
Kirby McInerney LLP
Thomas W. Elrod, Esq., (212) 371-6600
[email protected]
www.kmllp.com
