Mohawk Industries, Inc. Securities Litigation

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Lawsuit Overview

Defendant:Mohawk Industries, Inc.
Date Filed:January 3rd, 2019
Sector:Consumer Durables
Industry:Home Furnishings
Class Start Date:April 28th, 2017
Class End Date:July 25th, 2019

According to the Complaint, Mohawk Industries, Inc. is a global manufacturer of flooring products.

The Complaint alleges that throughout the Class Period, Defendants made false and misleading statements about Mohawk's sales growth and the demand for the Company's conventional flooring products and reassured investors about the Company's increasing accounts receivable and inventory levels by falsely attributing those increases to external factors like rising raw material costs and inflation.

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First Identified Complaint

Public Employees' Retirement System of Mississippi, et al. v. Mohawk Industries, Inc., et al.

Date Filed:January 3rd, 2019
Class Period Start:April 28th, 2017
Class Period End:July 25th, 2019
First Identified Complaint Filings
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