Levi & Korsinsky, LLP is investigating Liquidity Services, Inc. (“Liquidity Services” or the “Company”) (NasdaqGS: LQDT) in connection with possible breaches of fiduciary duty.
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The investigation concerns a pattern of earnings misses preceded by 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, below consensus estimates of $0.45 per share. In the quarter prior to this earnings release, Liquidity Services insiders sold close to 700,000 shares.
If you own common stock in Liquidity Services and wish to obtain additional information, please contact Eduard Korsinsky, Esq. either via email at email@example.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/liquidity-services-lqdt.Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm’s 26 attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
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