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INVESTOR ALERT: Class Action Lawsuit Against InnerWorkings, Inc. Announced by Law Offices of Howard G. Smith
[March 25, 2014]

INVESTOR ALERT: Class Action Lawsuit Against InnerWorkings, Inc. Announced by Law Offices of Howard G. Smith


BENSALEM, Pa. --(Business Wire)--

Law Offices of Howard G. Smith announces that a class action lawsuit has been filed in the United States District Court for the Northern District of Illinois on behalf of all purchasers of the common stock of InnerWorkings, Inc. ("InnerWorkings" or the "Company") (NASDAQ:INWK) between February 15, 2012 and November 6, 2013, inclusive (the "Class Period"). Investors who have losses of $100,000 or more are encouraged to contact the firm for information concerning a lead plaintiff position in the shareholder lawsuit.

InnerWorkings provides print management and promotional solutions to corporate clients in the United States and internationally. In October 2011, the Company acquired Productions Graphics - a print mangement firm focused on continental Europe. In November 2013, the Company disclosed that the performance of Productions Graphics in Europe had contributed to lower profitability for the third quarter of 2013, and as a result the Company had "installed new leadership" in Europe.



On November 6, 2013, the Company announced lower than expected earnings per share, primarily due to issues with its Production Graphics division. Then, on February 18, 2014, the Company announced that InnerWorkings' previously issued financial statements for the fourth quarter and the year ended December 31, 2011 through the third quarter of 2013 would be restated. According to an InnerWorkings press release, "the Company concluded that the former owner of Productions Graphics artificially inflated results to meet earn-out targets and induce the Company to make earn-out payments relating to the Productions Graphics acquisition."

If you are a member of the Class described above, you have until April 28, 2014, to move the Court to serve as lead plaintiff, if you meet certain legal requirements. To be a member of the Class you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class. If you wish to learn more about this action, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to [email protected], or visit our website at http://www.howardsmithlaw.com.



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