Levi & Korsinsky is investigating Tile Shop Holdings, Inc. (“Tile Shop”
or the “Company”) (Nasdaq:TTS) for possible violations of federal
securities laws.
Click here to learn more about the investigation: http://zlk.9nl.com/tile-shop-holdings-tts/
or call: 877-363-5972. 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 the 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.
If you own Tile Shop stock and wish to obtain additional information
about the investigation and your legal rights, please contact Joseph E.
Levi, Esq. either via email at jlevi@zlk.com
or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/tile-shop-holdings-tts/.
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.
Copyright Business Wire 2013