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Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of Checkpoint Systems Inc (NYSE: CKP) violated securities laws in connection with certain financial statements.
The investigation seeks to discover if possible claims on behalf of purchasers of the securities of Checkpoint Systems Inc (NYSE: CKP) concerning whether a series of statements by Checkpoint Systems Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On November 3, 2015, Checkpoint Systems Inc announced that it found financial statement errors in regards to the accounting for its quarterly income tax provision. Checkpoint Systems Inc plans on restating its financial statement that was issued earlier for the quarterly periods ended March 29, 2015 and June 28, 2015 and the six month period ended June 28, 2015 through the filing of amended Quarterly Reports on Form 10-Q/A for the quarterly periods ended March 29, 2015 and June 28, 2015.
Following this news, the company's stock has fallen as much 30% in early morning trading on November 4, 2015.
Based in Thorofare, New Jersey, and founded in 1969 Checkpoint Systems Inc provides loss prevention, inventory management, and other merchandise availability solutions for retail industries worldwide.
If you purchased shares of Checkpoint Systems Inc (NYSE: CKP) on or before November 3, 2015, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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