An investigation on behalf of current long term investors in Electronics For Imaging, Inc (NASDAQ:EFII) shares over possible breaches of fiduciary duty by certain officers and directors was announced.
San Diego, CA -- (SBWIRE) -- 10/24/2017 -- An investigation was announced for investors in NASDAQ:EFII over potential wrongdoing at Electronics For Imaging, Inc
Investors in Electronics For Imaging, Inc (NASDAQ:EFII) shares should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.
The investigation by a law firm for investors in NASDAQ:EFII stocks follows a lawsuit filed against Electronics For Imaging over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ:EFII stocks, concerns whether certain Electronics For Imaging directors are liable in connection with the allegations made in that lawsuit. According to that complaint filed in the U.S. District Court for the District of New Jersey the plaintiff alleges that the defendants made false and/or misleading statements and/or failed to disclose that: (1) Electronics For Imaging was improperly recognizing revenue; (2) Electronics For Imaging's disclosure controls and procedures were not effective; (3) Electronics For Imaging's internal control over financial reporting were not effective; and (4) as a result, Electronics For Imaging's public statements were materially false and misleading at all relevant times.
Those who purchased NASDAQ:EFII shares have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com