Energy News / Shareholders Foundation, Inc.

NASDAQ:TILE Shareholder Notice: Investigation over Possible Securities Laws Violations by Interface, Inc.

Via: ReleaseWire

Updated 11:00 AM CDT, Thu, May 09,2019

An investigation for investors in Interface, Inc. (NASDAQ: TILE) shares over potential securities laws violations by Interface, Inc. was announced.

San Diego, CA -- (SBWIRE) -- 05/09/2019 -- An investigation was announced on behalf of investors of Interface, Inc. (NASDAQ: TILE) shares over potential securities laws violations by Interface, Inc. in connection with certain financial statements.

Investors who purchased shares of Interface, Inc. (NASDAQ: TILE), have certain options and should contact the Shareholders Foundation at or call +1(858) 779 - 1554.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Interface, Inc. (NASDAQ: TILE) concerning whether a series of statements by Interface, Inc. its business, its prospects and its operations were materially false and misleading at the time they were made.

On April 24, 2019, Interface, Inc. announced it received a letter in November 2017 from the Securities & Exchange Commission (the "SEC") requesting that the Company voluntarily provide information and documents in connection with an investigation into the Company's historical quarterly earnings per share ("EPS") calculations and rounding practices during the period 2014-2017.

Interface, Inc. also reported it received subpoenas from the SEC in February 2018, July 2018 and April 2019 requesting additional documents and information. In the fourth quarter of 2018, Interface, Inc. conducted at the SEC's request an internal investigation into these and other related issues for seven quarters in 2015, 2016 and 2017.

Interface, Inc. also announced that its Vice President and Chief Accounting Officer was placed on paid administrative leave from Interface, Inc. 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.

Those who purchased shares of Interface, Inc. (NASDAQ: TILE) have certain options and should contact the Shareholders Foundation.

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

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

For more information on this press release visit:

Media Relations Contact
Michael Daniels
Email: Click to Email Michael Daniels