Energy News / Shareholders Foundation, Inc.

NASDAQ:EFII Shareholder Notice: Lawsuit Alleges Misleading Statements by Electronics for Imaging, Inc

Via: ReleaseWire

Updated 11:15 AM CDT, Mon, August 28,2017

A lawsuit was filed on behalf of investors in Electronics For Imaging, Inc (NASDAQ:EFII) shares over alleged securities laws violations.

San Diego, CA -- (SBWIRE) -- 08/28/2017 -- An investor in NASDAQ:EFII shares filed a lawsuit in the U.S. District Court for the District of New Jersey over alleged violations of Federal Securities Laws by Electronics For Imaging, Inc in connection with certain allegedly false and misleading statements.

Investors who purchased shares of Electronics For Imaging, Inc (NASDAQ:EFII) should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The plaintiff claims that between February 22, 2017 and August 3, 2017, the defendants made false and/or misleading statements and/or failed to disclose that: (1) Electronics For Imaging was improperly recognizing revenue; (2) Electronics For Imaging's disclosure controls and procedures were not effective; (3) Electronics For Imaging's internal control over financial reporting were not effective; and (4) as a result, Electronics For Imaging's public statements were materially false and misleading at all relevant times.

Those who purchased shares of Electronics For Imaging, Inc (NASDAQ:EFII) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

For more information on this press release visit:
http://www.sbwire.com/press-releases/nasdaqefii-shareholder-notice-lawsuit-alleges-misleading-statements-by-electronics-for-imaging-inc-854207.htm

Media Relations Contact
Michael Daniels
858-779-1554
Email: Click to Email Michael Daniels
Web: http://www.ShareholdersFoundation.com