|[January 15, 2014]
INVESTOR ALERT - TILE SHOP HOLDINGS, INC.: The Law Offices of Vincent Wong Launch Investigation of TILE SHOP HOLDINGS, INC. for Possible Breaches of Fiduciary Duty
NEW YORK --(Business Wire)--
The Law Offices of Vincent Wong are investigating Tile Shop Holdings,
Inc. (Nasdaq:TTS) in relation to possible breaches of fiduciary duty.
The investigation stems from concerns that the Company used an
undisclosed related party to effectuate a scheme to overstate earnings
and, as a result, artificially inflate the stock price.
Click here to learn about the case: http://docs.wongesq.com/TTS-Info-Request-Form-133>.
There is no cost or obligation to you.
On November 14, 2013, Gotham City Research LLC issued a report stating
that the Company had, among other allegations, overstated its 2013
earnings by over 200 percent. The report further alleged that the
Company's largest supplier, Beijing Pingxiu, is an undisclosed related
company secretly controlled by the brother-in-law of the Company's CEO
and a current Tile Shop employee, Fumitake Nishi. On this news, TTS
stocks plummeted $8.27 per share to close at $12.95 per share - a drop
of 38% from the previous day's closing price.
To obtain additional information, contact Vincent Wong, Esq. either via
email email@example.com, by telephone
at 212.425.1140, or visit http://docs.wongesq.com/TTS-Info-Request-Form-133.
Vincent Wong, Esq. is an experienced attorney that has represented
investors in securities litigations involving financial fraud and
violations of shareholder rights. Attorney advertising. Prior results do
not guarantee similar outcomes.
[ Back To Technology News's Homepage ]