Cases
IZEA Worldwide, Inc. (IZEA)
Securities Class Action
Overview
Overview
- Date:
- 10/23/2018
- Company Name:
- IZEA Worldwide, Inc.
- Stock Symbol:
- IZEA
- Class Period:
- FROM 5/15/2015 TO 4/3/2018
- Status:
- Closed/Complete
NEW YORK, October 23, 2018 – Bragar Eagel & Squire, P.C. is investigating potential claims against certain officers and directors of IZEA Worldwide, Inc. (NASDAQ: IZEA).
On April 4, 2018, a complaint was filed alleging that between May 15, 2015 and April 3, 2018, defendants made false and/or misleading statements and/or failed to disclose that: (1) IZEA was misreporting revenue from the Company’s Content Workflow services as gross amounts billed to marketers instead of on a net transaction basis; (2) the amount IZEA previously reported as gross profit on Content Workflow should be the amount reported as revenue; (3) IZEA lacked adequate internal controls; and (4) as a result, defendants’ public statements were materially false and misleading at all relevant times.
If you are a long term stockholder of IZEA, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 308-1869, or by filling out the contact form below. There is no cost or obligation to you.
On April 4, 2018, a complaint was filed alleging that between May 15, 2015 and April 3, 2018, defendants made false and/or misleading statements and/or failed to disclose that: (1) IZEA was misreporting revenue from the Company’s Content Workflow services as gross amounts billed to marketers instead of on a net transaction basis; (2) the amount IZEA previously reported as gross profit on Content Workflow should be the amount reported as revenue; (3) IZEA lacked adequate internal controls; and (4) as a result, defendants’ public statements were materially false and misleading at all relevant times.
If you are a long term stockholder of IZEA, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 308-1869, or by filling out the contact form below. There is no cost or obligation to you.