NEW YORK, March 15, 2017 /PRNewswire/ -- Levi & Korsinsky announces it has commenced an investigation of FTD Companies, Inc. (NASDAQ: FTD) concerning possible violations of federal securities laws.
On March 14, 2017, post-market, the Company announced disappointing financial results for the fourth quarter and full year ended December 31, 2016. The Company also announced that, due to identified errors, it will restate previously reported consolidated financial statements for the years ended December 31, 2015 and 2014 and the quarters in the years ended December 31, 2015 and 2016. Following this news, shares of FTD were down more than 21% on intraday trading on March 15, 2017. To obtain additional information, go to:
or contact Joseph E. Levi, Esq. either via email at firstname.lastname@example.org or by telephone at (212) 363-7500, toll-free: (877) 363-5972.
Levi & Korsinsky is a national firm with offices in New York, Connecticut and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
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SOURCE Levi & Korsinsky, LLP