Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses in Excess of
$100,000 Investing in InnerWorkings, Inc. to Contact the
NEW YORK, NY -- (Marketwired) -- 03/15/14 -- Faruqi & Faruqi, LLP, a
leading national securities law firm, reminds investors in
InnerWorkings, Inc. ("InnerWorkings" or the "Company") (NASDAQ: INWK)
of the April 28, 2014 deadline to seek the role of lead plaintiff in
a federal securities class action lawsuit filed against InnerWorkings
and certain executives.
A complaint has been filed on behalf of all persons who purchased
InnerWorkings securities between February 15, 2012 and November 6,
2013, inclusive (the "Class Period") in the Northern District of
The complaint alleges that the Company and its executives violated
federal securities laws with respect to its disclosures concerning
its business, operations, and prospects.
Specifically, the action alleges that throughout the Class Period
defendants made false and/or misleading statements and/or failed to
disclose that the Company: (i) inflated its revenues while violating
Generally Accepted Accounting Principles; and (ii) artificially
inflated its cash flows and adjusted EBITDA.
On November 6, 2013, InnerWorkings lowered its 2013 revenue and
earnings per share guidance due to the performance of its Productions
Following this news, the Company's stock declined $3.85 per share, or
over 40%, to close at $5.64 per share on November 7, 2013.
Furthermore, on February 18, 2014, InnerWorkings announced it would
need to restate its financial results beginning with the fourth
quarter of 2011.
Request more information now by clicking here:
www.faruqilaw.com/INWK. There is no cost or obligation to you.
If you invested in InnerWorkings stock, bonds or options between
February 15, 2012 and November 6, 2013 and would like to discuss your
legal rights, visit www.faruqilaw.com/INWK. You can also contact us
by calling Richard Gonnello or Francis McConville toll free at
877-247-4292 or at 212-983-9330 or by sending an e-mail to
email@example.com or firstname.lastname@example.org. Faruqi &
Faruqi, LLP also encourages anyone with information regarding
InnerWorkings' conduct to contact the firm, including whistleblowers,
former employees, shareholders and others.
Faruqi & Faruqi, LLP is a national law firm which represents
investors and individuals in class action litigation. The firm is
focused on providing exemplary legal services in complex litigation
in the areas of securities, shareholder, antitrust and consumer
litigation, throughout all phases of litigation. The firm has an
experienced trial team which has achieved significant victories on
behalf of the firm's clients. To keep track of the latest securities
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Attorney Advertising. The law firm responsible for this advertisement
is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not
guarantee or predict a similar outcome with respect to any future
matter. We welcome the opportunity to discuss your particular case.
All communications will be treated in a confidential manner.
FARUQI & FARUQI, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Richard Gonnello, Esq.
Francis McConville, Esq.
Telephone: (877) 247-4292 or (212) 983-9330
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