A lawsuit was filed on behalf of investors in InnerWorkings, Inc. (NASDAQ: INWK) shares over alleged securities laws violations.
San Diego, CA -- (SBWIRE) -- 05/22/2018 -- An investor, who purchased shares of InnerWorkings, Inc. (NASDAQ: INWK), filed a lawsuit over alleged Securities Laws violations by InnerWorkings, Inc. in connection with certain allegedly false and misleading statements.
Investors who purchased shares of InnerWorkings, Inc. (NASDAQ: INWK) have certain options and for certain investors are short and strict deadlines running. Deadline: July 9, 2018. NASDAQ: INWK investors should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 - 1554.
The plaintiff claims that between August 11, 2015 and May 7, 2018, the defendants made false and/or misleading statements and/or failed to disclose that InnerWorkings' financial statements for the fiscal years ending December 31, 2017, 2016, and 2015 as well as all interim periods contained errors that required restating, and that InnerWorkings' financial statements were materially false and misleading at all relevant times.
On May 7, 2018, during aftermarket hours, InnerWorkings revealed that "[t]he Company will be restating its financial statements for the years ended December 31, 2017, 2016, and 2015, and all interim periods within those years. Accordingly, investors should no longer rely upon the Company's previously issued financial statements for these periods, any earnings releases or other communications relating to these periods, or projections or estimates for any future periods."
Shares of InnerWorkings, Inc. (NASDAQ: INWK) declined to as low as $8.88 per share on May 9, 2018.
Those who purchased shares of InnerWorkings, Inc. (NASDAQ: INWK) have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North - Suite 423
92108 San Diego
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