LAWSUITS FILED AGAINST FAF, HPQ and TILE - Jakubowitz Law Pursues Shareholders Claims

In this article:

NEW YORK, NY / ACCESSWIRE / December 4, 2020 / Jakubowitz Law announces that securities fraud class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies who purchased shares within the class periods listed below. Shareholders interested in representing the class of wronged shareholders have until the lead plaintiff deadline to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. For more details and to speak with our firm without cost or obligation, follow the links below.

First American Financial Corp. (NYSE:FAF)

CONTACT JAKUBOWITZ ABOUT FAF:
https://claimyourloss.com/securities/first-american-financial-corp-loss-submission-form/?id=11379&from=1

Class Period : February 17, 2017 - October 22, 2020

Lead Plaintiff Deadline : December 24, 2020

The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) the Company failed to implement basic security standards to protect its customers' sensitive personal information and data; (2) the Company faced a heightened risk of cybersecurity failure due to its automation and efficiency initiatives; and (3) as a result, Defendants' public statements were materially false and misleading at all relevant times.

HP Inc. (NYSE:HPQ)

CONTACT JAKUBOWITZ ABOUT HPQ:
https://claimyourloss.com/securities/hp-inc-loss-submission-form/?id=11379&from=1

Class Period : November 6, 2015 - June 21, 2016

Lead Plaintiff Deadline : January 4, 2021

The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (a) HP's channel inventory management and sales practices resulted in the sale of supplies to customers that did not need or want the product in order to artificially increase revenues and profits; (b) HP's channel inventory management and sales practices resulted in the sale of supplies to customers outside of designated regions at unsustainable discounts in order to artificially increase revenues and profits; (c) HP's channel inventory management and sales practices resulted in the sale of supplies at steep discounts to customers to encourage those customers to sell the supplies further down the supply channel, out of HP's inventory management metrics; and (d) as a result of (a)-(c) above, defendants' statements about HP's business condition and prospects were materially false and misleading when made.

Interface, Inc. (NASDAQ:TILE)

CONTACT JAKUBOWITZ ABOUT TILE:
https://claimyourloss.com/securities/interface-inc-loss-submission-form/?id=11379&from=1

Class Period : March 2, 2018 - September 28, 2020

Lead Plaintiff Deadline : January 11, 2021

The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (i) Interface had inadequate disclosure controls and procedures and internal control over financial reporting; (ii) consequently, Interface, inter alia, reported artificially inflated income and earnings per share (“EPS”) in 2015 and 2016; (iii) Interface and certain of its employees were under investigation by the SEC with respect to the foregoing issues since at least as early as November 2017, had impeded the SEC's investigation, and downplayed the true scope of the Company's wrongdoing and liability with respect to the SEC investigation; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.

Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887

SOURCE: Jakubowitz Law



View source version on accesswire.com:
https://www.accesswire.com/619604/LAWSUITS-FILED-AGAINST-FAF-HPQ-and-TILE--Jakubowitz-Law-Pursues-Shareholders-Claims

Advertisement