A deadline is coming up on May 3, 2017 in the settlement reached in the securities class action lawsuit filed for investors who purchased NASDAQ: TTS shares between August 22, 2012 and January 28, 2014.
Investors who purchased a significant amount of shares of Tile Shop Holdings Inc (NASDAQ: TTS) between August 22, 2012 and January 28, 2014, have certain options and should contact the Shareholders Foundation by email at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.
The settlement proof of claim form or detailed settlement notice for the settlement in the Tile Shop Holdings Inc (NASDAQ: TTS) Investor Securities Class Action Lawsuit can be downloaded at: http://shareholdersfoundation.com/case/tile-shop-holdings-inc-nasdaq-tts-investor-securities-class-action-lawsuit-11152013
In order to submit a claim an investor has to submit the claim proof to the class action claim administrator in a timely manner. The deadline to submit the proof with the class administrator is May 3, 2017. The class action administrator for this case is Gilardi & Co LLC.
The plaintiff alleged on behalf of all persons or entities who purchased or otherwise acquired Tile Shop Holdings Inc (NASDAQ: TTS) between August 22, 2012 and November 13, 2013, that Tile Shop Holdings Inc and certain of its officers and directors violated the Securities Exchange Act of 1934. More specifically, the plaintiff alleges Tile Shop Holdings Inc failed to disclose that one of its largest suppliers, Beijing Pingxiu (“BP”), is an undisclosed related company secretly controlled by Fumitake Nishi, the brother-in-law of the Company’s CEO and a Tile Shop Holdings Inc employee.
Those who purchased NASDAQ: TTS shares have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North – Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com