Faruqi & Faruqi, LLP Announces Investigation of Swisher Hygiene Inc.

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Apr 02, 2012, 07:00 ET

NEW YORK, April 2, 2012 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential securities fraud at Swisher Hygiene Inc. ("Swisher" or the "Company") (NASDAQ: SWSH).

(Logo: http://photos.prnewswire.com/prnh/20120119/MM38856LOGO)

The investigation focuses on whether the Company and its executives violated federal securities laws by failing to disclose that: (1) the Company's acquisitions were being improperly accounted for; (2) Swisher was improperly calculating its allowance for doubtful accounts receivable; (3) the Company was overstating its income; (4) Swisher's financial reports were in violation of Generally Accepted Accounting Principles (GAAP); and (5) Swisher failed to maintain adequate internal and financial controls.

Request more information now by clicking here: www.faruqilaw.com/SWSH

Take Action
If you purchased Swisher securities between May 16, 2011 and March 28, 2012 and would like to discuss your legal rights, visit www.faruqilaw.com/SWSH. You can also contact us by calling Richard Gonnello or Francis McConville toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to [email protected] or [email protected]. Faruqi & Faruqi, LLP also encourages anyone with information regarding Swisher's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

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 matter.

FARUQI & FARUQI, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Richard Gonnello, Esq.
[email protected]
Francis McConville, Esq.
[email protected]
Telephone: (877) 247-4292 or (212) 983-9330

SOURCE Faruqi & Faruqi, LLP