This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Wolf Haldenstein Adler Freeman & Herz LLP Is Investigating Potential Class Action Claims On Behalf Of Purchasers Of Liquidity Services, Inc.

Wolf Haldenstein Adler Freeman & Herz LLP is investigating a potential securities class action lawsuit on behalf of investors in Liquidity Services, Inc. (“Liquidity Services” or the “Company”) (NASDAQ: LQDT), who purchased the Company’s stock from January 21, 2013 through May 7, 2014. Investors are urged to contact Gregory Stone at or 212-545-4774.

The Company operates an online auction marketplace for wholesale, surplus and salvage assets for both the Federal government and private industry.

On the morning of May 8, 2014, the Company reported its financial results for the second quarter of fiscal year of 2014, which were below previously provided estimates, and drastically reduced its guidance for the third quarter and the remainder of the fiscal year 2014. As a result, the stock closed at $12.17, down $5.14 for the day, a decline of 30% from its previous close.

During the past year, there have been similar patterns of earnings misses, preceded by very opportune sales of stock by insiders. For example, on November 21, 2013, the Company released earnings for the fourth quarter of 2013 of $0.32 per share that were below consensus estimates of $0.45 per share, resulting in the stock closing at $21.83, down $4.87 for the session. In the quarter prior to this release, insiders sold close to 700,000 shares.

Wolf Haldenstein has represented individual and institutional investors for many years, serving as lead counsel in numerous cases in United States federal and state courts. Please visit the Wolf Haldenstein website ( for more information about the firm.

Gregory Stone or Gregory M. Nespole, Esq.Wolf Haldenstein Adler Freeman & Herz LLP270 Madison AvenueNew York, New York 10016

Phone Numbers:(800) 575-0735(212) 545-4774

Email:, or and please reference “Liquidity Services Investigation.”

Attorney Advertising. Prior results do not guarantee or predict a similar outcome.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,798.49 -14.90 -0.08%
S&P 500 2,090.11 +1.24 0.06%
NASDAQ 5,127.5250 +11.3820 0.22%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs