Flooring Giant Mohawk Settles Securities Fraud Case

By Madeline Lyskawa ( October 17, 2023, 6:37 PM EDT) -- 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....

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