NEW YORK--(BUSINESS WIRE)--Bragar Eagel & Squire, P.C. is investigating possible claims against FTD Companies, Inc. (NASDAQ: FTD). Our investigation concerns possible violations of the federal securities laws.
On March 14, 2017, FTD revealed that it had found errors relating to “the assessment of cross-border indirect taxes.” As a result of the errors, FTD will restate its previously-reported consolidated financial statements for the years ended December 31, 2014 and 2015 and for the quarters in the years ended December 31, 2015 and 2016.
On this news, FTD's share price fell $5.54, or 23.69%, to close at $17.85 on March 15, 2017.
If you purchased or otherwise acquired FTD securities and suffered a loss, have information, 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 Brandon Walker, Esq. by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
Bragar Eagel & Squire, P.C. is a New York-based law firm concentrating in commercial and securities litigation. For additional information concerning our investigation into FTD, please go to www.bespc.com/ftd. For additional information about Bragar Eagel & Squire, P.C., please go to www.bespc.com.
