SECURITIES ALERT: Rosen Law Firm Reminds Liquid Holdings Group, Inc. Investors of Important November 20, 2015 Deadline in Cla...
12 November 2015 - 10:37AM
Rosen Law Firm, a global investor rights firm, reminds purchasers
Liquid Holdings Group, Inc. (NASDAQ:LIQD) securities pursuant
and/or traceable to Liquid Holdings’ Initial Public Offering on or
about July 25, 2013 and/or during the period from July 26, 2013
through December 23, 2014, inclusive (the “Class Period”) of the
important November 20, 2015 lead plaintiff deadline in the class
action. The lawsuit seeks to recover damages for Liquid Holdings
investors under the federal securities laws.
To join the Liquid Holdings class action, go to the
firm’s website at http://www.rosenlegal.com/cases-723.html or call
Phillip Kim, Esq. or Kevin Chan, Esq. toll-free at 866-767-3653 or
email pkim@rosenlegal.com or kchan@rosenlegal.com for information
on the class action.
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.
According to the lawsuit, defendants throughout the
Class Period made false and/or misleading statements and/or failed
to disclose that: (1) Liquid Holdings was overstating its ability
to generate customers; (2) Liquid Holdings’ business model was
unsustainable; (3) the financial condition of Liquid Holdings’ main
and largest customer—an investment entity known as QuantX
Management, LLP—was deteriorating; (4) as a result, Liquid
Holdings’ financial results and operating metrics were overstated;
(5) as such, Liquid Holdings’ financial statements were not
prepared in accordance with Generally Accepted Accounting
Principles; (6) Liquid Holdings lacked adequate internal controls;
and (7) as a result, Liquid Holdings’ financial statements and
defendants’ statements about Liquid Holding’s business, operations,
and prospects, were materially false and misleading at all relevant
times. When the true details entered the market, the lawsuit claims
that investors suffered damages.
A class action lawsuit has already been filed. If
you wish to serve as lead plaintiff, you must move the Court no
later than November 20, 2015. A lead plaintiff is a representative
party acting on behalf of other class members in directing the
litigation. If you wish to join the litigation, go to the firm’s
website http://www.rosenlegal.com/cases-723.html or to discuss your
rights or interests regarding this class action, please contact
Phillip Kim, Esq. or Kevin Chan, Esq. of Rosen Law Firm toll free
at 866-767-3653 or via e-mail at pkim@rosenlegal.com or
kchan@rosenlegal.com.
Rosen Law Firm represents investors throughout the
globe, concentrating its practice in securities class actions and
shareholder derivative litigation.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
Kevin Chan, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 34th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
kchan@rosenlegal.com
www.rosenlegal.com
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