Feb. 19, 2014 (Update) - On November 6, 2013, InnerWorkings, Inc. lowered its 2013 revenue guidance and GAAP diluted earnings per share guidance due to the performance of its Productions Graphics subsidiary. On that same day, InnerWorkings, Inc. reported that it removed Christophe Delaune as Production Graphics President in October 2013, who had been in that role since InnerWorkings 2011 acquisition of Productions Graphics then principally owned by Mr. Delaune. InnerWorkings also indicated there are potential disputes relating to the acquisition agreement of Production Graphics.

Shares of InnerWorkings, Inc. declined from $10.35 per share on October 24, 2013 to $5.64 per share on November 7, 2013.

Then on February 18, 2014, InnerWorkings, Inc. revealed that its previously issued financial statements for the periods beginning with the fourth quarter of 2011 and the year ended December 31, 2011 through the third quarter of 2013 should no longer be relied upon and would be restated. This was based on InnerWorkings conclusion that Mr. Delaune artificially inflated results to meet earn-out targets and induce the Company to make earn-out payments relating to the Productions Graphics acquisition.

Shares of InnerWorkings, Inc. closed on February 19, 2014, at $7.92 per share.

May 6, 2013 (Shareholders Foundation) - An investigation on behalf of investors of InnerWorkings, Inc. (NASDAQ:INWK) shares over potential securities laws violations by InnerWorkings, Inc. and certain of its directors and officers in connection certain financial statements was announced.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of InnerWorkings, Inc. (NASDAQ:INWK) concerning whether a series of statements by InnerWorkings regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

InnerWorkings, Inc. reported that its annual Total Revenue rose from $400.45 million in 2009 to $797.70 million in 2012 and that its respective Net Income increased from $6.31 million to $19.11 million.

Shares of InnerWorkings, Inc. grew from $2.10 per share in February 2009 to as high as $15.64 per share in March 2013.

Then on April 16, 2013 InnerWorkings, Inc. announced its revised full year guidance and previewed first quarter 2013 results.

Shares of InnerWorkings, Inc. declined from $14.03 per share on April 16, 2013 to $10.50 per share in April 17, 2013.

On May 6, 2013, NASDAQ:INWK shares closed at $10.05 per share.