SHAREHOLDER NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Qurate Retail, Inc. and Encourages Investors with Losses to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / March 2, 2020 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Qurate Retail, Inc. ("Qurate" or "the Company") (NASDAQ: QRTEA, QRTEB) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Qurate admitted on February 26, 2020, that it had identified material weaknesses in internal controls over financial reporting. The Company claimed that inaccuracies in its annual and other consolidated financial reports could not be prevented. The Company first disclosed its problems with internal controls on February 28, 2019, in its annual report for the year ending December 31, 2018, and have been ongoing since that time. Based on that news, shares of Qurate fell by 35% in a single trading session.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 310-301-3335 to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at brian@schallfirm.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.
CONTACT:
The Schall Law Firm
Brian Schall, Esq.
310-301-3335
info@schallfirm.com
www.schallfirm.com
SOURCE: The Schall Law Firm
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https://www.accesswire.com/578703/SHAREHOLDER-NOTICE-The-Schall-Law-Firm-Announces-it-is-Investigating-Claims-Against-Qurate-Retail-Inc-and-Encourages-Investors-with-Losses-to-Contact-the-Firm
