Class Action Reports

Interface, Inc. Class Action Lawsuit

Matt Snitzer

January 7, 2021

Levi & Korsinsky, LLP announces that a TILE class action lawsuit has been commenced on behalf of investors who purchased Interface, Inc. (TILE) securities between March 2, 2018 and September 28, 2020. For more on the Interface Class Action please contact us today.

 

According to the Interface lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) Interface had inadequate disclosure controls and procedures and internal control over financial reporting; (ii) consequently, Interface, inter alia, reported artificially inflated income and earnings per share (“EPS”) in 2015 and 2016; (iii) Interface and certain of its employees were under investigation by the SEC with respect to the foregoing issues since at least as early as November 2017, had impeded the SEC’s investigation, and downplayed the true scope of the Company’s wrongdoing and liability with respect to the SEC investigation; and (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE TILE CLASS ACTION, CLICK HERE

 

If you suffered a loss in Interface you have until January 11, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com