World News: 01:14 GMT Tuesday 3rd December 2019. [Hagens Berman Sobol Shapiro LLP via Globe Newswire via SPi World News]
SAN FRANCISCO, Dec. 02, 2019 (GLOBE NEWSWIRE) -- Hagens Berman urges Armstrong Flooring, Inc. investors who have suffered significant losses to to learn if they qualify to recover compensable damages. A securities fraud class action was recently filed against the company and senior executives and Armstrong Flooring investors may have valuable claims.
According to the complaint,
The complaint alleges that investors began to learn the truth a few months after CEO Donald Maier’s abrupt May 2, 2019 departure when,
This news sent the price of Armstrong shares plummeting $2.90 lower, or down about 44% that day.
“We’re focused on recovering investors’ substantial losses and holding Armstrong Flooring accountable for its alleged channel stuffing scheme,” said Reed Kathrein, the Hagens Berman partner leading the investigation.
If you purchased shares of Armstrong Flooring and suffered significant losses, .
Globe Newswire: 01:14 GMT Tuesday 3rd December 2019
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