New York, NY (PRWEB) May 08, 2013
Zamansky & Associates LLC announces that it is investigating InnerWorkings, Inc., the Chicago-based company engaged in print management solutions, for possible securities law violations or breaches of fiduciary duties owed by shareholders.
On November 13, 2012, the SEC filed a letter requesting that InnerWorkings clarify its revenue recognition treatment for service revenues and its accounting treatment for multiple element arrangements. A copy is available at http://www.sec.gov/Archives/edgar/data/1350381/000000000012061929/filename1.pdf.
On April 17, 2013, the Chicago Tribune reported that InnerWorkings' stock fell 25% after it announced reduced revenue guidance for 2013.
Zamansky has launched an investigation seeking to determine whether InnerWorkings or its officers and directors engaged in violations of the federal securities laws by artificially and materially inflating its financial results, or breached fiduciary duties owed to shareholders.
What Investors In InnerWorkings Can Do
If you purchased InnerWorkings stock between January 1, 2012 through May 2, 2013, and wish to discuss your legal rights, or you have any information relevant to this investigation, you may, without obligation or cost to you, email jake(at)zamansky(dot)com or call the law firm at (212) 742-1414.
About Zamansky & Associates LLC
Zamansky & Associates LLC is one of the leading law firms specializing in securities fraud and class action litigation. Our attorneys represent both individual and institutional investors. Our practice is nationally recognized for our ability to aggressively prosecute cases and recover losses.
Zamansky & Associates, LLC
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Jake Zamansky, 212-742-1414