>Schawk Inc.
Date Filed: June 30, 2009
Hagens Berman Sobol Shapiro LLP is investigating reports of possible securities law violations at Schawk, Inc. (NYSE: SGK) related to its restatement of financial results for the years ending Dec. 31, 2005 and 2006 and the first three quarters of 2007.
On March 5, 2009, the Securities Exchange Commission (SEC) informed Schawk that the SEC issued a Formal Order of Investigation regarding possible violations of federal securities law. Schawk failed to inform investors of the SEC's investigation until June 11, 2009, when it filed its delayed annual report on Form 10-K.
The day Schawk publicly announced the SEC investigation, stock dropped from $8.08 to $7.84. Over the course of the period affected by the restatement, company stock has dropped significantly. Trading at more than $25 a share in May of 2006, it closed June 30, 2009, at $7.51 a share.
If you are aware of any facts relating to this investigation, or purchased shares of Schawk during the affected period, you can assist this investigation by contacting one of our attorneys at schawk@hbsslaw.com or joining this investigation.
Hagens Berman Sobol Shapiro LLP is investigating reports of possible securities law violations at Schawk, Inc. (NYSE: SGK) related to its restatement of financial results for the years ending Dec. 31, 2005 and 2006 and the first three quarters of 2007.
On March 5, 2009, the Securities Exchange Commission (SEC) informed Schawk that the SEC issued a Formal Order of Investigation regarding possible violations of federal securities law. Schawk failed to inform investors of the SEC's investigation until June 11, 2009, when it filed its delayed annual report on Form 10-K.
The day Schawk publicly announced the SEC investigation, stock dropped from $8.08 to $7.84. Over the course of the period affected by the restatement, company stock has dropped significantly. Trading at more than $25 a share in May of 2006, it closed June 30, 2009, at $7.51 a share.
If you are aware of any facts relating to this investigation, or purchased shares of Schawk during the affected period, you can assist this investigation by contacting one of our attorneys at schawk@hbsslaw.com or joining this investigation.
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