Company: | Liquidity Services, Inc |
Ticker Symbol: | LQDT |
Class Period: | Feb-1-12 to May-7-14 |
Date Filed: | Jul-22-14 |
Lead Plaintiff Deadline: | Sep-20-14 |
Court: | District of Columbia |
Allegations: |
The complaint alleges that Liquidity Services made false statements and/or omitted 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.
If you acquired the securities of the defendants during the Class Period you may, no later than the Lead Plaintiff Deadline shown above, request that the Court appoint you as lead plaintiff through counsel of your choice. You may also choose to remain an absent class member. A lead plaintiff must meet certain requirements.