Thieler Law Corp advises investors with losses exceeding $100,000 of the March 3, 2020 lead plaintiff deadline in a class action lawsuit filed against Mohawk Industries Inc (NYSE: MHK) (“Mohawk” or “the Company”). The suit is pending in the U.S. District Court for the Northern District of Georgia and investors, who purchased Mohawk Industries Inc securities between April 28, 2017 and July 25, 2019, have until March 3, 2020 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased Mohawk Industries Inc securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 377 - 4324 or emailing mail@thielerlaw.com . No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class.

The complaint alleges that during the Class Period defendants made false and misleading statements and/or allegedly failed to disclose that Mohawk was engaging in fraudulent channel stuffing; Mohawk's statements regarding sales growth and the demand for its conventional flooring products were false and misleading; the Company falsely assured stockholders about its increasing accounts receivable and inventory levels during the Class Period by falsely attributing those increases to external factors like rising raw material costs and inflation; and as a result of the foregoing, defendants’ statements about its business and operations were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

If you were negatively impacted by your investment in Mohawk Industries Inc securities between April 28, 2017 and July 25, 2019 and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation.

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