Cases
Multi-Color Corporation (NASDAQ: LABL)
Securities Class Action
Overview
Overview
- Date:
- 11/2/2015
- Company Name:
- Multi-Color Corporation
- Stock Symbol:
- LABL
- Status:
- Closed/Complete
Bragar Eagel & Squire, P.C. is investigating potential claims on behalf of Multi-Color Corporation (NASDAQ: LABL) investors concerning whether the company’s officers and board of directors violated their fiduciary duties.
In July 2014, Multi-Color Corporation's former independent public accountant, auditing firm KPMG LLP, identified material weaknesses in the company's internal controls over financial reporting. Although Multi-Color Corporation stated it implemented changes to its internal controls to remediate the control deficiencies, Grant Thornton LLP, the company's independent public accounting firm, issued an adverse audit report on internal control over financial reporting as of March 31, 2015. Specifically, Grant Thornton LLP’s report states that “the Company did not maintain a control environment that was designed and operating to prevent or detect a material misstatement in the Company’s consolidated financial statements.”
If you are a Multi-Color Corporation stockholder and have information that could assist in this investigation, please contact Melissa A. Fortunato, Esq. by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.
In July 2014, Multi-Color Corporation's former independent public accountant, auditing firm KPMG LLP, identified material weaknesses in the company's internal controls over financial reporting. Although Multi-Color Corporation stated it implemented changes to its internal controls to remediate the control deficiencies, Grant Thornton LLP, the company's independent public accounting firm, issued an adverse audit report on internal control over financial reporting as of March 31, 2015. Specifically, Grant Thornton LLP’s report states that “the Company did not maintain a control environment that was designed and operating to prevent or detect a material misstatement in the Company’s consolidated financial statements.”
If you are a Multi-Color Corporation stockholder and have information that could assist in this investigation, please contact Melissa A. Fortunato, Esq. by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.