NEW YORK, May 5, 2017 /PRNewswire/ -- Lifshitz & Miller, a securities class action law firm focused on representing shareholders nationwide, announces that on May 5, 2017, Lifshitz & Miller filed a securities class action lawsuit on behalf of shareholders who purchased shares of Live Ventures Incorporated (LIVE) ("Live Ventures" or the "Company") between November 7, 2016 and January 6, 2017 (the "Class Period"). The lawsuit was filed in the U.S. District Court for the District of Nevada and alleges violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
A copy of the complaint is available from the Court or from Lifshitz & Miller. If you are a Live Ventures investor, and would like additional information about our investigation and complaint, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516) 493-9780 or e-mail at email@example.com.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. YOU MAY RETAIN COUNSEL OF YOUR CHOICE.
The complaint alleges that defendants engaged in a stock promotion scheme to artificially inflate the price of the Company's stock through paid promotional advertisements by undisclosed individuals and companies. As a result of the stock promotion scheme, the complaint alleges defendants caused the Company to issue false and misleading statements in the Company's financial statements throughout the Class Period, including reporting false earnings per share.
Investors have 60 days from today to file a motion, with the court, for appointment as a lead plaintiff in this lawsuit.
Lifshitz & Miller has extensive experience representing investors in the prosecution of securities class actions and shareholder derivative litigation in state and federal courts across the country.
ATTORNEY ADVERTISING. © 2017 Lifshitz & Miller LLP. The law firm responsible for this advertisement is Lifshitz & Miller LLP, 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.
Joshua M. Lifshitz, Esq.
Lifshitz & Miller LLP
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SOURCE Lifshitz & Miller Law Firm