UPCOMING DEADLINE ALERT: Brower Piven Encourages Investors Who Have Losses in Excess of $100,000 From Investment in Liquid Ho...
13 November 2015 - 9:48AM
The securities litigation law firm of Brower Piven, A Professional
Corporation, announces that a class action lawsuit has been
commenced in the United States District Court for the District of
New Jersey on behalf of purchasers of Liquid Holdings Group, Inc.
(Nasdaq:LIQD) (“Liquid Holdings” or the “Company”) securities
pursuant and/or traceable to the Company’s Registration Statement
and Prospectus issued in connection with the Company’s initial
public offering on or about July 25, 2013 (the “IPO” or the
“Offering”); and/or on the open market between July 26, 2013 and
December 23, 2014, inclusive (the “Class Period”). Investors
who wish to become proactively involved in the litigation have
until November 23, 2015 to seek appointment as lead plaintiff.
If you have suffered a loss from investment in
Liquid Holdings securities, and would like to learn more about this
lawsuit and your ability to participate as a lead plaintiff,
without cost or obligation to you, please visit our website at
http://www.browerpiven.com/currentsecuritiescases.html. You
may also request more information by contacting Brower Piven either
by email at hoffman@browerpiven.com or by telephone at (410)
415-6616. No class has yet been certified in the above
action. Members of the Class will be represented by the lead
plaintiff and counsel chosen by the lead plaintiff.
If you wish to choose counsel to represent you
and the Class, you must apply to be appointed lead plaintiff and be
selected by the Court. The lead plaintiff will direct the
litigation and participate in important decisions including whether
to accept a settlement for the Class in the action. The lead
plaintiff will be selected from among applicants claiming the
largest loss from investment in Company securities during the Class
Period. Brower Piven also encourages anyone with information
regarding the Company’s conduct during the period in question to
contact the firm, including whistleblowers, former employees,
shareholders and others.
The complaint accuses the defendants of
violations of the Securities Exchange Act of 1934 and the
Securities Act of 1933 by virtue of the defendants’ failure to
disclose during the Class Period and in the Offering Documents
issued in connection with the Company’s IPO that the Company was
overstating its ability to generate customers, that its business
model was unsustainable, that the financial condition of the
Company's main and largest customer was deteriorating and that as a
result of the foregoing, the Company's financial results were
overstated.
According to the Complaint, following the
Company’s disclosure of this information, the value of Liquid
Holdings shares declined significantly.
Attorneys at Brower Piven have extensive
experience in litigating securities and other class action cases
and have been advocating for the rights of shareholders since the
1980s. If you choose to retain counsel, you may retain Brower
Piven without financial obligation or cost to you, or you may
retain other counsel of your choice. You need take no action
at this time to be a member of the class.
CONTACT:
Charles J. Piven
Brower Piven, A Professional Corporation
1925 Old Valley Road
Stevenson, Maryland 21153
Telephone: 410-415-6616
hoffman@browerpiven.com
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