NEW YORK--(BUSINESS WIRE)--Levi & Korsinsky announces it has commenced an investigation of FTD Companies, Inc. (NASDAQ:FTD) concerning possible violations of federal securities laws.
On March 14, 2017, post-market, the Company announced disappointing financial results for the fourth quarter and full year ended December 31, 2016. The Company also announced that, due to identified errors, it will restate previously reported consolidated financial statements for the years ended December 31, 2015 and 2014 and the quarters in the years ended December 31, 2015 and 2016. Following this news, shares of FTD were down more than 21% on intraday trading on March 15, 2017. To obtain additional information, go to:
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