INVESTOR ALERT: Levi & Korsinsky, LLP Notifies Shareholders of LSB Industries, Inc. of Pendency of Class Action Lawsuit & a L...
12 Noviembre 2015 - 1:37PM
Business Wire
The following statement is being issued by Levi & Korsinsky,
LLP:
To: All persons or entities who purchased or otherwise
acquired securities of LSB Industries, Inc. (“LSB
Industries”) (NYSE: LXU) between May 8,
2015 and August 7, 2015.
You are hereby notified that a securities class action
lawsuit has been commenced in the USDC for the Southern District of
New York. If you purchased or otherwise acquired LSB Industries
securities between May 8, 2015 and August 7, 2015, your rights may
be affected by this action. To get more information go
to:
http://zlk.9nl.com/lsbindustries
or contact Joseph E. Levi, Esq. either via email at
jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877)
363-5972. There is no cost or obligation to you.
The Complaint alleges that throughout the Class Period,
Defendants made false and/or misleading statements and/or failed to
disclose: (1) that the Company’s costs related to the expansion of
the El Dorado Facility would be significantly higher than reported;
and (2) that as a result of the foregoing, the Company’s statements
about its business, operations, and prospects, were false and
misleading and/or lacked a reasonable basis.
On August 7, 2015, the Company revealed that it intended to
implement certain recommendations after the Strategic Committee of
the LSB Industries Board of Directors reviewed the Company’s
business strategy, corporate governance structure, related party
transactions and other governance practices of the Company. Then on
September 3, 2015, the Company announced that President and CEO
Barry H. Golsen had resigned.
If you suffered a loss in LSB Industries you have until
November 24, 2015 to request that
the Court appoint you as lead plaintiff. Your ability to share in
any recovery doesn’t require that you serve as a lead
plaintiff.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, Connecticut and Washington D.C. The firm’s
attorneys have extensive expertise in prosecuting securities
litigation involving financial fraud, representing investors
throughout the nation in securities and shareholder lawsuits.
Attorney advertising. Prior results do not guarantee similar
outcomes.
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version on businesswire.com: http://www.businesswire.com/news/home/20151112006474/en/
Levi & Korsinsky, LLPJoseph E. Levi, Esq.Tel:
212-363-7500Toll Free: 877-363-5972Fax: 212-363-7171www.zlk.com
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