Armstrong Flooring, Inc.
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Zhang Investor Law announces the filing of a class action lawsuit on behalf of shareholders who bought shares of Armstrong Flooring, Inc. (NYSE: AFI) from March 6, 2018 through November 4, 2019 (the “Class Period”). The lawsuit seeks to recover damages for Armstrong Flooring, Inc. investors under the federal securities laws.
If you bought Armstrong Flooring, Inc. securities between March 6, 2018 through November 4, 2019, and would like to join the action, please click “Join This Class Action,” above.
SHAREHOLDER ALERT: Zhang Investor Law Announces a Securities Class Action Lawsuit Against Armstrong Flooring, Inc. – AFI
New York, N.Y., November 21, 2019. Zhang Investor Law announces a class action lawsuit on behalf of shareholders who bought shares of Armstrong Flooring, Inc. (NYSE: AFI) between March 6, 2018 and November 4, 2019, inclusive (the “Class Period”).
To join the AFI class action, go to http://zhanginvestorlaw.com/cases/armstrong-flooring-inc/ call Sophie Zhang, Esq. toll-free at 800-991-3756 or email firstname.lastname@example.org for information on the class action.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. LEAD PLAINTIFF STATUS IS NOT REQUIRED TO OBTAIN A RECOVERY.
According to the lawsuit, throughout the Class Period (1) the Company had engaged in channel stuffing to artificially boost sales; (2) the Company’s internal control over inventory levels was not effective; and (3) as a result, defendants’ statements regarding Armstrong Flooring’s business, operations, and prospects, were materially false and misleading. When the true details entered the market, the lawsuit claims that investors suffered damages.
A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than January 14, 2020. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://zhanginvestorlaw.com/cases/armstrong-flooring-inc/ or to discuss your rights or interests regarding this class action, please contact Sophie Zhang, Esq. of Zhang Investor Law toll free at 800-991-3756 or via e-mail at email@example.com.
Zhang Investor Law represents investors worldwide.