Kirby McInerney LLP Advises FTD Companies, Inc. Investors of Potential Claims
22 March 2017 - 7:22AM
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
securitiescases@kmllp.com, 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.
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version on businesswire.com: http://www.businesswire.com/news/home/20170321006548/en/
Kirby McInerney LLPWendy Li, (212)
371-6600securitiescases@kmllp.com
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