SAN DIEGO, Aug. 3, 2017 /PRNewswire/ -- Shareholder Rights Law Firm Johnson & Weaver, LLP has commenced an investigation of Electronics for Imaging, Inc. (NASDAQ: EFII) ("Electronics for Imaging") concerning possible violations of federal securities laws. Electronics for Imaging provides industrial format display graphics, label and packaging, textile, and ceramic tile decoration digital inkjet printers worldwide.
On August 3, 2017, Electronics for Imaging notified investors that it was postponing a conference call at which it anticipated discussing second quarter 2017 preliminary results. The Company was delaying the call to enable the Company to complete an assessment of the timing of recognition of revenue. Additionally, the Company stated that it was completing an assessment of the effectiveness of current and historical disclosure controls and internal control over financial reporting. Electronics for Imaging stated that it expects to report a material weakness in internal control over financial reporting related to this matter. The Company also expects to report that disclosure controls were not effective in prior periods.
If you have information that could assist in this investigation, including past employees and others, or if you are an Electronics for Imaging shareholder and are interested in learning more about the investigation or your legal rights and remedies, please contact Jim Baker (email@example.com) by email or phone at 619-814-4471. If emailing, please include a phone number where you can be reached.
About Johnson & Weaver, LLP:
Johnson & Weaver, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonandweaver.com. Attorney advertising. Past results do not guarantee future outcomes.
Johnson & Weaver, LLP
Jim Baker, 619-814-4471
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SOURCE Johnson & Weaver, LLP