Mohawk Industries Inc. Common Stock (NYSE: MHK)
Company Name:Mohawk Industries Inc. Common Stock
Stock Symbol:NYSE: MHK
Class Period Start:04/28/2017
Class Period End (inclusive):07/25/2019
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.