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Lifshitz & Miller Law Firm Announces Investigation of China XD Plastics Company Ltd., Lannett Company, Inc., Liquidity Services, Inc., NB&T Financial Group, Inc., Pike Corporation and Potbelly Corporation


News provided by

Lifshitz & Miller

Aug 05, 2014, 01:08 ET

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NEW YORK, Aug. 5, 2014 /PRNewswire/ --

China XD Plastics Company Ltd.

Lifshitz & Miller  announces that a class action was filed in the United States District Court for the Southern District of New York alleging that China XD Plastics Company Ltd. ("CXDC") overstated its revenue and net income in its quarterly and annual reports to U.S. investors between August 12, 2009 and July 10, 2014.

For information about our investigation, please contact Joshua M. Lifshitz, Esq. by telephone at (516)493-9780 or by sending an e-mail including your contact information to: [email protected].

Lannett Company, Inc.

Lifshitz & Miller announces an investigation into possible claims against the board of directors of Lannett Company, Inc. ("LCI").  According to the Company, the Attorney General's investigation seeks to determine "whether anyone engaged in any activities that resulted in (a) fixing, maintaining or controlling prices of digoxin or (b) allocating and dividing customers or territories relating to the sale of digoxin in violation of Connecticut antitrust law."

For information about our investigation, please contact Joshua M. Lifshitz, Esq. by telephone at (516)493-9780 or by sending an e-mail including your contact information to: [email protected].

Liquidity Services, Inc.

Lifshitz & Miller  announces that a class action was filed in the United States District Court for the District of Columbia on behalf of investors who acquired Liquidity Services, Inc. ("LQDT") securities.  Specifically, the complaint alleges that defendants failed to disclose material information regarding (a) mix changes in the Company's Department of Defense surplus and retail businesses; (b) delayed capital asset projects in both the U.S. and abroad; and (c) unusual softness in the Company's energy vertical due to an industry-wide decline in line pipe and related equipment.

For information about our investigation, please contact Joshua M. Lifshitz, Esq. by telephone at (516)493-9780 or by sending an e-mail including your contact information to: [email protected].

NB&T Financial Group, Inc.

Lifshitz & Miller announces an investigation into possible breaches of fiduciary duties in connection with the proposed sale of NB&T Financial Group, Inc. ("NBTF") to Peoples Bancorp Inc. in a cash and stock transaction valued at approximately $31.00 per share or $109 million.

For more information about our investigation, please contact Joshua M. Lifshitz, Esq. by telephone at (516)493-9780 or by sending an e-mail including your contact information to: [email protected].

Pike Corporation

Lifshitz & Miller  announces an investigation into possible breaches of fiduciary duties in connection with the proposed sale of Pike Corporation ("PIKE") to Court Square Capital Partners in partnership with J. Eric Pike, the Company's Chairman and Chief Executive Officer, in a transaction valued at $12.00 per share.

For more information about our investigation, please contact Joshua M. Lifshitz, Esq. by telephone at (516)493-9780 or by sending an e-mail including your contact information to: [email protected].

Potbelly Corporation

Lifshitz & Miller  announces an investigation into possible claims against the board of directors of Potbelly Corporation ("PBPB") in connection with possible false and misleading statements issued by PBPB regarding its operations, financial condition and prospects.

For information about our investigation, please contact Joshua M. Lifshitz, Esq. by telephone at (516)493-9780 or by sending an e-mail including your contact information to: [email protected].

ATTORNEY ADVERTISING. © 2014 Lifshitz & Miller.  The law firm responsible for this advertisement is Lifshitz & Miller, 821 Franklin Avenue, Suite 209, Garden City, New York 11530, Tel: (516) 493-9780.  Prior results do not guarantee or predict a similar outcome with respect to any future matter.

Contact:

Joshua M. Lifshitz, Esq. 
Lifshitz & Miller 
Phone:  516-493-9780
Facsimile: 516-280-7376 
Email: [email protected]

SOURCE Lifshitz & Miller

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