Tandy Leather Factory, Inc.
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Zhang Investor Law announces that a class action lawsuit has been filed on behalf of shareholders who bought shares of Tandy Leather Factory, Inc . (NASDAQ: TLF) from March 7, 2018 through August 15, 2019, inclusive (the “Class Period”). The lawsuit seeks to recover damages for Tandy Leather Factory, Inc. investors under the federal securities laws.
If you bought Tandy Leather Factory, Inc. securities between March 7, 2018 and August 15, 2019, and would like to join the action, please click “Join This Class Action,” above.
SHAREHOLDER ALERT: Zhang Investor Law Announces Securities Class Action Lawsuit Against Tandy Leather Factory, Inc.– TLF
New York, N.Y., November 8, 2019. Zhang Investor Law announces the filing of a class action lawsuit on behalf of shareholders who bought shares of Tandy Leather Factory, Inc. (NASDAQ: TLF) from March 7, 2018 through August 15, 2019, inclusive (the “Class Period”).
To join the TLF class action, go to http://zhanginvestorlaw.com/cases/tandy-leather-factory/ 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. A PERSON NEED NOT BE LEAD PLAINTIFF TO OBTAIN A RECOVERY.
According to the lawsuit, throughout the Class Period : (1) certain costs of inventory had been improperly valued and expensed; (2) as a result, the Company’s financial results for certain periods were misstated; (3) the Company lacked effective internal control over financial reporting; (4) there was a material weakness in the Company’s internal control over financial reporting; and (5) as a result, defendants’ statements regarding Tandy’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 6, 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/tandy-leather-factory-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.