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The Law Offices of Frank R. Cruz Announces Investigation on Behalf of Qurate Retail Inc. Investors (QRTEA, QRTEB)

Qurate Retail, Inc. - Series A (QRTEA) 
Last qurate retail, inc. - series a earnings: 2/25 04:30 pm Check Earnings Report
Company Research Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation on behalf of Qurate Retail, Inc. (“Qurate” or the “Company”) (NASDAQ: QRTEA) (NASDAQ: QRTEB) investors concerning the Company and its officers’ possible violations of federal securities laws.If you are a shareholder who suffered a loss, click here to participate.On February 26, 2020, Qurate revealed that it had identified a material weakness in its internal control over financial reporting and "concluded that our internal control over financial reporting was ineffective as of December 31, 2019." Qurate specified that the material weakness "relates to information technology general controls (‘ITGCs’) in QVC’s Germany business. Specifically, the ITGCs were not consistently designed and operating effectively to ensure that access to certain financially significant applications and data, were adequately restricted to appropriate personnel."On this news, the Company’s share price fell $2.09, or ov Show less Read more
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