SAN DIEGO, March 16, 2017 Shareholder Rights Law Firm Johnson & Weaver, LLP has commenced an investigation of FTD Companies, Inc. (NASDAQ: FTD) concerning possible violations of federal securities laws.
On March 14, 2017, FTD announced disappointing financial results for the fourth quarter and full year ended December 31, 2016. Also, FTD announced that due to an incorrect assessment of certain cross-border indirect taxes a restatement of the Company's previously issued consolidated financial statements would be made. On this news, shares of FTD stock fell 23.7% on March 15, 2017.
If you are an FTD shareholder and are interested in learning more about the investigation or your legal rights and how you may be eligible to recover damages, please contact Jim Baker (firstname.lastname@example.org) at 619-814-4471. If you email, please include your phone number.
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