|Company Name||Armstrong Flooring, Inc.|
|Stock Symbol||NYSE: AFI|
|Class Period||March 6, 2018 to November 4, 2019|
|Motion Deadline||January 14, 2020|
A lawsuit has been filed on behalf of shareholders of Armstrong Flooring, Inc. (NYSE: AFI) alleging that Armstrong and certain current and former executives violated the federal securities laws. Investors who purchased Armstrong stock between March 6, 2018 and November 4, 2019, and are interested in participating in the lawsuit as a lead plaintiff, are encouraged to submit your information below. Investors may also email the firm to obtain information at email@example.com or call (617) 531-3917.
Armstrong Flooring manufactures and sells resilient and wood flooring products primarily used in the construction and renovation of commercial, residential, and institutional buildings. According to the lawsuit that has been filed, Armstrong made misleading statements and omissions about the Company’s business, operations, and prospects. The lawsuit alleges that Armstrong failed to disclose to investors: (1) that the Company had engaged in channel stuffing to artificially boost sales; (2) that the Company’s internal control over inventory levels was not effective; and (3) that, as a result of the foregoing, Armstrong and the executive defendants’ positive statements about the Company’s business, operations, and prospects, were materially misleading or lacked a reasonable basis.
Investors who purchased AFI securities between March 6, 2018 and November 4, 2019 are encouraged to contact the Thornton Law Firm's shareholder rights team by submitting your information below. Interested AFI shareholders have until January 14, 2020 to apply to be lead plaintiff. The class has not yet been certified.
The Thornton Law Firm's securities attorneys are highly experienced in representing individual shareholders and institutional investors in recovering damages caused by violations of the securities laws. Its attorneys have established track records litigating securities cases in courts throughout the country and recovering losses on behalf of shareholders. This may be considered Attorney Advertising in some jurisdictions. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
A class action lawsuit has been filed on behalf of investors in Armstrong Flooring, Inc. (NYSE: AFI) securities.
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