An investigation for investors in Multi-Color Corporation (NASDAQ:LABL) shares over potential securities laws violations by Multi-Color was announced and NASDAQ:LABL stockholders should contact the Shareholders Foundation.

San Diego, CA -- (SBWire) -- 02/02/2016 --An investigation for shareholders in Multi-Color Corporation (NASDAQ:LABL) shares over potential securities laws violations by Multi-Color Corporation was announced.

Investors who purchased shares of Multi-Color Corporation (NASDAQ:LABL), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on whether a series of statements by Multi-Color regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

In July 2014, Multi-Color Corporation's former independent public accountant, KPMG LLP, identified material weaknesses in Multi-Color Corporation's internal controls over financial reporting. Then Grant Thornton LLP, Multi-Color Corporation's independent public accounting firm, issued a report on internal control over financial reporting as of March 31, 2015, identifying material weaknesses in Multi-Color Corporation's internal controls, including the failure to (i) restrict access to data and applications, and (ii) design and implement a comprehensive system of controls to prevent or detect a material misstatement of the company's financial statements.

Shares of Color Corporation (NASDAQ:LABL) declined from $78.04 per share in November 2015 to as low as $57.15 per share on January 7, 2016.

Those who purchased shares of Multi-Color Corporation (NASDAQ:LABL) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com