October 17, 2023
Flooring giant Mohawk Industries Inc. and a global investment firm said Tuesday that they have reached an undisclosed settlement resolving allegations the flooring manufacturer fraudulently inflated its stock price and hid production issues, leaving investors with millions of dollars in losses.
April 03, 2023
A Georgia federal court has temporarily consolidated a portion of three investor lawsuits against flooring giant Mohawk Industries Inc. and allowed claims the company fraudulently inflated stock prices and hid production issues to move ahead.