NEW YORK, April 07, 2017 -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of FTD Companies, Inc. (NASDAQ:FTD) who purchased shares between March 13, 2015 and March 14, 2017. The action, which was filed in the United States District Court for the Northern District of Illinois, alleges that the Company violated federal securities laws.
In particular, the complaint alleges that the Company made false and/or misleading statements and/or failed to disclose that: (i) FTD’s financial statements contained errors relating to the assessment of cross-border indirect taxes; (ii) in turn, the Company lacked effective internal controls over financial reporting; (iii) FTD had overstated the benefits of the Provide acquisition; and (iv) as a result of the foregoing, FTD’s public statements were materially false and misleading at all relevant times.
Shareholders have until May 19, 2017 to petition the court for lead plaintiff status. Your ability to share in any recovery does not require that you serve as lead plaintiff. You may choose to be an absent class member.
If you suffered a loss during the class period and wish to obtain additional information, please contact Joseph Klein, Esq. by telephone at 212-616-4899 or visit http://www.kleinstocklaw.com/pslra-sa/ftd-companies-inc.
Joseph Klein, Esq. is an experienced attorney and has also practiced as a Certified Public Accountant. Mr. Klein represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT: Joseph Klein, Esq. Empire State Building 350 Fifth Avenue 59th floor New York, NY 10118 Telephone: (212) 616-4899 Fax: (347) 558-9665 www.kleinstocklaw.com


Microsoft Commits $18 Billion to Expand AI and Cloud Infrastructure in Australia
U.S. Sanctions Target Chinese Refinery Over Iranian Oil Purchases
U.S. Raises Alarm Over Chinese AI Firms’ Alleged IP Theft Through Model Distillation
U.S. Demand for Alternative Satellite Providers Remains Strong Amid SpaceX Regulatory Push
Judge Dismisses Elon Musk’s Fraud Claims Against OpenAI, Trial to Proceed on Remaining Allegations
$16B Michigan Data Center Project Boosts U.S. AI Infrastructure Expansion
Intel Stock Surges as AI Chip Demand Drives Strong Q2 Forecast
Kia Cuts EV Prices in Europe as Chinese Carmakers Intensify Competition
U.S. Warns Allies Over Alleged Chinese AI IP Theft Linked to DeepSeek
European Car Sales Surge in March as EV and Hybrid Demand Accelerates
Sun Pharma to Acquire Organon in $11.75 Billion Deal to Boost Global Women’s Health Portfolio
Chinese Chip Stocks Surge on AI Boom and Domestic Tech Push
Nomura Shares Drop After Profit Miss Despite Strong Revenue Growth
Hyundai Plans 20 New Models in China to Boost EV Strategy and Market Share
Why Global Web3 Projects Can't Afford to Skip South Korea: TokenPost Unveils Data-Driven Entry Solutions
Amazon Stock Rises as Meta Expands AWS Partnership for AI Infrastructure 



