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Glancy Prongay & Murray LLP Commences Investigation on Behalf of FTD Companies, Inc. Investors


Glancy Prongay & Murray LLP (“GPM”) 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.

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 FTD securities, have information or 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 Lesley Portnoy, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to shareholders@glancylaw.com, or visit our website at http://www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170315006488/en/