NEW YORK–(BUSINESS WIRE)–Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Interface, Inc. (NASDAQ: TILE) resulting from allegations that Interface may have issued materially misleading business information to the investing public.
On September 28, 2020, the U.S. Securities and Exchange Commission issued a press release announcing “Interface and Two Former Executives Charged With Accounting and Disclosure Violations[.]” The press release further stated that “[t]he SEC’s order against Interface, Inc. . . . finds that in multiple quarters in 2015 and 2016, the company made unsupported, manual accounting adjustments that were not compliant with GAAP.”
On this news, Interface’s stock price fell sharply during intraday trading on September 29, 2020, the next trading day.
Rosen Law Firm is preparing a securities lawsuit on behalf of Interface shareholders. If you purchased securities of Interface please visit the firm’s website at http://www.rosenlegal.com/cases-register-1788.html to join the securities action. You may also contact Phillip Kim of Rosen Law Firm toll free at 866-767-3653 or via email at firstname.lastname@example.org or email@example.com.
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Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm’s attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors.
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Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
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