Wolf Popper LLP Announces Investigation on Behalf of Investors in Electronics For Imaging, Inc.
NEW YORK, August 4, 2017
Wolf Popper LLP is investigating potential securities fraud claims on behalf of investors in Electronics For Imaging, Inc. (NASDAQ: EFII). EFII investors should contact Fei-Lu Qian at 877.370.7703 or email@example.com.
On August 3, 2017, after the market closed, EFII disclosed that its audit committee is conducting an independent review related to the timing of recognition of revenue concerning “certain transactions where a customer signed a sales contract for one or more large format printers and was invoiced, and the printer(s) were stored at a third party in-transit warehouse prior to delivery to the end user.”
As a result of the disclosure, EFII stock has declined approximately $19.00 per share or 41% on intraday trading on August 4, 2017.
Wolf Popper has successfully recovered billions of dollars for defrauded investors. The firm’s reputation and expertise have been repeatedly recognized by the courts, which have appointed the firm to major positions in securities litigation. See www.wolfpopper.com.
Attorney Advertising: Prior Results Do Not Guarantee A Similar Outcome.
Wolf Popper LLP
845 Third Avenue
New York, NY 10022