Interface, Inc. Investigation
The law firm of Kirby McInerney LLP is investigating potential claims against Interface, Inc. (“Interface” or the “Company”) (NASDAQ: TILE). The investigation focuses on the Company’s possible violations of federal securities laws.
Interface is the subject of an SEC press release distributed on September 28, 2020. The SEC release, titled, “Interface and Two Former Executives Charged With Accounting and Disclosure Violations,” states that “[t]he SEC’s order against Interface, Inc. . . . finds that in multiple quarters in 2015 and 2016, the company made unsupported, manual accounting adjustments that were not compliant with GAAP.” Based on this news, shares of Interface dropped in intraday trading on September 29, 2020, falling from $6.37 per share to close at $6.11 per share on September 29, 2020.
If you purchased or otherwise acquired Interface securities, have information, or would like to learn more about these claims, please contact Thomas W. Elrod of Kirby McInerney LLP at 212-371-6600, by email at email@example.com, or by filling out this contact form, to discuss your rights or interests with respect to these matters without any cost to you.