NEW YORK--(BUSINESS WIRE)--Wolf Haldenstein Adler Freeman & Herz LLP announces that a class action lawsuit has been filed in the United States District Court for the Northern District of Illinois on behalf of all persons or entities that purchased the securities of InnerWorkings, Inc. (NASDAQ:INWK) between February 15, 2012 and November 6, 2013.
The complaint alleges that during the Class Period, certain of the Company’s officers and directors violated federal securities laws by making false and misleading statements concerning the Company’s: (a) inflated reported revenue in violation of accounting standards; (b) reported cash flows and inflated adjusted EBITDA; and (c) the strength of its internal accounting controls. When this adverse information was disclosed to the market, the price of InnerWorkings, Inc. securities plummeted.
If you purchased InnerWorkings, Inc. common stock during the Class Period, you may, no later than April 28, 2014, request that the Court appoint you as lead plaintiff of the class.
If you are a shareholder of InnerWorkings, Inc. (NASDAQ:INWK) with a loss of $75,000 or more and would like additional information concerning your rights in this matter, please contact us at:
Patrick Donovan, Esq.
Gregory Stone - Director of Case and Financial Analysis
Wolf Haldenstein Adler Freeman & Herz LLP
270 Madison Avenue
New York, New York 10016
Please visit the Wolf Haldenstein Adler Freeman & Herz LLP website (http://www.whafh.com) for more information about the firm.
Wolf Haldenstein Adler Freeman & Herz LLP did not file the original complaint against InnerWorkings, Inc.
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