LOS ANGELES--(BUSINESS WIRE)--Tostrud Law Group, P.C. is investigating potential claims on behalf of investors of FTD Companies, Inc. (“FTD” or the “Company”) (NASDAQ: FTD) concerning the Company and its officers’ possible violations of federal securities laws. Investors that have suffered a loss on their FTD securities holdings are encouraged to contact Jon Tostrud, Esq. to discuss their legal rights.
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 shares of FTD, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Jon Tostrud, Esquire, of Tostrud Law Group, P.C., 1925 Century Park East, Suite 2100, Los Angeles, California 90067, at (310) 278-2600 or by e-mail at firstname.lastname@example.org.
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