SOURCE: Faruqi & Faruqi, LLP

Faruqi & Faruqi, LLP

November 26, 2014 16:44 ET

INVESTOR ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses in Excess of $100,000 Investing in EveryWare Global, Inc. (EVRY) to Contact the Firm

NEW YORK, NY--(Marketwired - November 26, 2014) - Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in EveryWare Global, Inc. ("EveryWare" or the "Company") (NASDAQ: EVRY) of the December 8, 2014 deadline to seek the role of lead plaintiff in a federal securities class action lawsuit filed against EveryWare and certain executives.

A complaint has been filed in the Southern District of Ohio on behalf of all persons who purchased EveryWare securities from June 18, 2013 through May 16, 2014, inclusive (the "Class Period").

The complaint alleges that the Company and its executives violated federal securities laws with respect to its disclosures concerning its business, operations, and prospects.

Specifically, the action alleges that during the Class Period, EveryWare falsely represented that (i) the Company's mature business segments and recurring revenue model had been increasing and would grow significantly in the second half of 2013 through 2014; (ii) the Company's cash flows were sufficient to meet its liquidity needs; and (iii) the Company was compliant with its debt covenants, and that its debt was being actively managed and would be reduced significantly.

On May 15, 2014, EveryWare announced a net loss for the first quarter of 2014 and disclosed that it was in default on its debt covenants.

Following this news, the price of EveryWare's stock declined by $0.44, or over 31%, to close at $0.94 on May 16, 2014.

Request more information now by clicking here: www.faruqilaw.com/EVRY. There is no cost or obligation to you.

Take Action

If you invested in EveryWare stock or options between June 18, 2013 through May 16, 2014, and would like to discuss your legal rights, visit www.faruqilaw.com/EVRY. You can also contact us by calling Richard Gonnello toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to rgonnello@faruqilaw.com. Faruqi & Faruqi, LLP also encourages anyone with information regarding EveryWare's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action litigation. The firm is focused on providing exemplary legal services in complex litigation in the areas of securities, shareholder, antitrust and consumer litigation, throughout all phases of litigation. The firm has an experienced trial team which has achieved significant victories on behalf of the firm's clients. To keep track of the latest securities litigation news, follow us on Twitter at www.twitter.com/MergerActivity or on Facebook at www.facebook.com/FaruqiLaw.

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.

Contact Information

  • FARUQI & FARUQI, LLP
    369 Lexington Avenue, 10th Floor
    New York, NY 10017
    Attn: Richard Gonnello, Esq.
    rgonnello@faruqilaw.com
    Telephone: (877) 247-4292 or (212) 983-9330