SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces Class Action Involving
INNERWORKINGS INC. and Its Board of Directors and a
Deadline of April 28, 2014 to Seek a Lead Plaintiff Position -- INWK
NEW YORK, NY -- (Marketwired) -- 03/11/14 -- Levi & Korsinsky
announces that a class action lawsuit has been commenced in the USDC
for the Northern District of Illinois on behalf of investors who
purchased InnerWorkings, Inc. ("InnerWorkings" or the "Company")
(NASDAQ: INWK) common stock between February 15, 2012 and November 6,
2013 (the "Class Period").
Click here to learn more about the action
http://zlk.9nl.com/innerworkings-inwk, or call: 877-363-5972. There
is no cost or obligation to you.
According to the complaint, on April 16, 2013, the Company revised
its full year 2013 guidance due to a reduction of work orders by a
large retail client. The following day, shares of InnerWorkings
declined more than 25 percent. Then, on April 30, 2013, Prescience
Point Research Group published an analyst report alleging that the
Company was inflating its revenues by misapplying gross revenue and
net accounting. Then on November 6, 2013, the Company announced lower
than expected earnings per share, primarily due to issues with its
Production Graphics division. Shares in InnerWorkings dropped more
than 40% on this news, closing at $5.64 per share on November 7,
2013. Then on February 18, 2014, the Company announced it would
restate its financial statements for all periods extending to the
fourth quarter of 2011 through the third quarter of 2013.
Shareholders of InnerWorkings have until April 28, 2014 to seek
appointment as lead plaintiff. Your ability to share in any recovery
doesn't require that you serve as a lead plaintiff. To obtain
additional information, contact Joseph E. Levi, Esq. either via email
at email@example.com or by telephone at (212) 363-7500, toll-free: (877)
363-5972, or visit http://zlk.9nl.com/innerworkings-inwk.
Levi & Korsinsky is a national firm with offices in New York, New
Jersey, Connecticut and Washington D.C. The firm's 26 attorneys have
extensive expertise in prosecuting securities litigation involving
financial fraud, representing investors throughout the nation in
securities and shareholder lawsuits. For more information, please
feel free to contact any of the attorneys listed below. Attorney
advertising. Prior results do not guarantee similar outcomes.
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (866) 367-6510
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