Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nasdaq  >  Interface, Inc.    TILE

INTERFACE, INC.

(TILE)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector news

TILE Shareholder Notification: Bronstein, Gewirtz & Grossman, LLC Notifies Interface, Inc. (TILE) Investors of Class Action and Encourages Shareholders to Contact the Firm

11/23/2020 | 11:02am EST

Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Interface, Inc. ("Interface" or "the Company") (NASDAQ: TILE) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Interface securities pursuant between March 2, 2018 and September 28, 2020, both dates inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm’s site: www.bgandg.com/tile.

This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934.

The complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements and/or failed to disclose that: (1) Interface had inadequate disclosure controls and procedures and internal control over financial reporting; (2) consequently, Interface, inter alia, reported artificially inflated income and earnings per share ("EPS") in 2015 and 2016; (3) Interface and certain of its employees were under investigation by the Securities and Exchange Commission ("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 (4) as a result, the Company's public statements were materially false and misleading at all relevant times.

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint you can visit the firm’s site: www.bgandg.com/tile or you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss in Interface you have until January 11, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.


© Business Wire 2020
All news about INTERFACE, INC.
01/12INTERFACE : Reimagining the Workplace for a Post-COVID World
PU
01/11DEADLINE TODAY : The Schall Law Firm Announces the Filing of a Class Action Laws..
PR
01/09TILE FINAL DEADLINE ALERT : ROSEN, TOP RANKED INVESTOR COUNSEL, Reminds Interfac..
PR
01/08THE LAW OFFICES OF FRANK R. CRUZ : Reminds Investors of Looming Deadline in the ..
BU
01/07INTERFACE : The Law Offices of Frank R. Cruz Announces the Filing of a Securitie..
PR
01/07TILE SHAREHOLDER ALERT : Bronstein, Gewirtz & Grossman, LLC Reminds Interface, I..
BU
01/06DEADLINE ALERT : Bragar Eagel & Squire, P.C. Reminds Investors That a Class Acti..
BU
01/06GLANCY PRONGAY & MURRAY LLP : Reminds Investors of Looming Deadline in the Class..
PR
01/05DEADLINE REMINDER : Law Offices of Howard G. Smith Reminds Investors of Looming ..
PR
01/05REAPPROACHING BASE CAMP : Identifying Our Next Design Plan
PU
More news
Financials (USD)
Sales 2020 1 106 M - -
Net income 2020 -76,9 M - -
Net Debt 2020 - - -
P/E ratio 2020 -8,34x
Yield 2020 1,37%
Capitalization 641 M 641 M -
Capi. / Sales 2020 0,58x
Capi. / Sales 2021 0,57x
Nbr of Employees 4 110
Free-Float 98,0%
Chart INTERFACE, INC.
Duration : Period :
Interface, Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends INTERFACE, INC.
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 4
Average target price 9,00 $
Last Close Price 10,92 $
Spread / Highest target -17,6%
Spread / Average Target -17,6%
Spread / Lowest Target -17,6%
EPS Revisions
Managers and Directors
NameTitle
Daniel T. Hendrix Non-Executive Chairman, President & CEO
Bruce A. Hausmann Chief Financial Officer & Vice President
Christopher G. Kennedy Lead Independent Director
K. David Kohler Independent Director
John P. Burke Independent Director
Sector and Competitors