LOS ANGELES, CA / ACCESSWIRE / June 29, 2018 / TheSchall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of InnerWorkings, Inc. ("InnerWorkings" or the "Company") (NASDAQ: INWK) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. On May 7, 2018, Innerworkings announced that it was "postponing the release of its first quarter 2018 financial results and conference call due to errors in its historical financial statements identified during the course of its first quarter financial reporting close process." At the same time, the company announced, "will be restating its financial statements for the years ended December 31, 2017, 2016, and 2015, and all interim periods within those years." Based on these announcements, shares of Innerworkings stock fell substantially during after-hours trading on May 7, 2018, and have continued to fall throughout the day on May 8, 2018.
If you are a shareholder who suffered a loss, click here toparticipate.
We also encourage you to contact Brian Schall, or Sherin Mahdavian, of the Schall Law Firm, 1880Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email email@example.com.
The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
The Schall Law Firm
Brian Schall, Esq.
Sherin Mahdavian, Esq.
SOURCE: The Schall Law Firm