NEW YORK--(BUSINESS WIRE)--The law firm of Kirby McInerney LLP announced today that a class action lawsuit has been filed in the United States District Court for the Northern District of Illinois against FTD Companies, Inc. (“FTD” or the “Company”) (NASDAQ: FTD) on behalf of investors that acquired NantHealth securities during the period from March 13, 2015 through March 14, 2017 (the “Class Period”), seeking to recover damages caused by defendants’ violations of the Securities Exchange Act of 1934. Pursuant to applicable law, investors have until May 19, 2017 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
On March 14, 2017, post-market, FTD announced that, due to identified errors, the Company will restate previously reported financial statements for fiscal years 2014 and 2015, and for the quarters in the years ended December 31, 2015 and 2016.
On this news, FTD’s share price fell from $23.39 to close at $17.85 per share on March 15, 2017 (a decline of $5.54 per share).
If you acquired FTD securities during the Class Period and are interested in learning more about this matter and any rights you might have with respect to these claims, please contact Wendy Li at firstname.lastname@example.org, or by telephone at (212) 371-6600. You can also find information about this matter on the firm’s website at www.kmllp.com. Please bear in mind that some of these rights may be time-sensitive.
Kirby McInerney LLP is a New York-based plaintiffs' law firm concentrating in securities, whistleblower, antitrust and consumer litigation. The firm has specialized in complex litigation, including securities class actions, for several decades, and has been recognized by various courts that have appointed the firm to major positions in consolidated and multi-district litigation. Kirby McInerney’s efforts on behalf of shareholders have resulted in recoveries totaling billions of dollars, and the firm's achievements and quality of service have been chronicled in numerous published decisions. Additional information about the firm or the claims against FTD Companies, Inc. can be found at Kirby McInerney LLP's website: www.kmllp.com.