Keller Rohrback L.L.P. Investigates Securities Fraud Claims on Behalf of Flooring America — FRA — Shareholders
Seattle’s Keller Rohrback L.L.P. (www.SeattleClassAction.com) is currently investigating securities fraud claims on behalf of shareholders of Flooring America, Inc. (Nasdaq:FRA) (”FRA” or the “Company”) who purchased the common stock of FRA between November 11, 1999 and May 22, 2000, inclusive (”Class Period”).
Class Shareholders allege that FRA and certain of its officers and directors violated federal securities laws by issuing materially false and misleading financial statements. On May 22, 2000, the company revealed that it was delaying the filing of its Annual Report with the Securities and Exchange Commission, and that it expected to restate its financial results for the first two quarters of the fiscal year ended February 5, 2000 due to the audit process. After the Company’s announcement, FRA’s stock price fell to $2 9/16 per share, from a Class Period high of over $6 per share.
If you purchased FRA securities between November 11, 1999 and May 22, 2000, inclusive, you may wish to join the securities class actions that have been filed. You may move the court to serve as a lead plaintiff no later than August 14, 2000. In order to serve as a lead plaintiff, you must meet certain legal requirements.
If you wish to discuss this announcement, have information relevant to the investigation, wish to learn about your rights to seek to serve as a lead plaintiff, or have any questions on how to join as a class representative in any securities class action, you may contact Keller Rohrback L.L.P. (Lynn Sarko, Juli Farris or Elizabeth Leland, Esq.) toll free at 800/776-6044, via e-mail at investor@kellerrohrback.com, or on-line at www.SeattleClassAction.com.
Keller Rohrback L.L.P. is a law-firm headquartered in Seattle that has successfully represented shareholders and consumers in class action cases for over a decade. Its trial lawyers have obtained judgments and settlements on behalf of clients in excess of seven billion dollars. Keller Rohrback L.L.P. is currently involved in cases and investigations involving Cyber-Care Inc. (Nasdaq:CYBR), Citrix Systems Inc. (Nasdaq:CTXS) and S1 Corporation (Nasdaq:SONE), among others.