BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of investors of FTD Companies, Inc. (“FTD” or the “Company”) (NASDAQ: FTD) investors concerning the Company and its officers’ possible violations of federal securities laws.
On March 14, 2017, FTD disclosed that it had identified “errors” relating to “the assessment of cross-border indirect taxes.” FTD further disclosed that, as a result of the errors, it would revise its previously-reported consolidated financial statements for the years ended December 31, 2015 and 2014 and for the quarters in the years ended December 31, 2015 and 2016.
On this news, shares of FTD fell over 23% on March 15, 2017, thereby injuring investors.
If you purchased FTD securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to firstname.lastname@example.org, or visit our website at www.howardsmithlaw.com.
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