REMINDER: FTD shareholders who purchased securities during the Class Period may, no later than
Shareholders who wish to discuss this action and their legal options are encouraged to contact
FTD provides floral and related gifts and products to consumers and retail florists primarily in the
The shareholder class action complaint alleges that FTD and certain of its executive officers made a series of materially false and misleading statements to investors during the Class Period. Specifically, the defendants are alleged to have made materially false and misleading statements and/or failed to disclose that: (i) FTD’s financial statements contained errors relating to the assessment of cross-border indirect taxes; (ii) in turn, the Company lacked effective internal controls over financial reporting; and (iii) FTD had overstated the benefits of the Provide Commerce acquisition. The complaint further alleges that, as a result of the foregoing, FTD’s public statements were materially false and misleading at all relevant times.
Following this news, shares of FTD’s stock declined
FTD shareholders may, no later than
280 King of