NEW YORK, Aug. 18, 2017 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against insiders of Electronics For Imaging, Inc. ("EFI" or the "Company") (NASDAQ: EFII), concerning whether they breached their fiduciary duties to shareholders and/or violated the federal securities laws.
On August 3, 2017, EFI postponed a scheduled investor conference call "in order to enable the Company to complete an assessment of the timing of recognition of revenue." The Company disclosed that it "expects to report a material weakness in internal control over financial reporting," and that its "disclosure controls were not effective in prior periods."
Our investigation concerns whether the Company board of directors has breached its fiduciary duties to shareholders, grossly mismanaged the Company, and/or committed abuses of control in connection with the foregoing.
If you own EFI shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:
Robert I. Harwood, Esq.
Benjamin I. Sachs-Michaels, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
Follow us on Twitter: @HarwoodFeffer
Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.
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SOURCE Harwood Feffer LLP