NEW YORK, Aug. 20, 2014 /PRNewswire/ -- Levi & Korsinsky announces that a class action lawsuit has been commenced in the United States District Court for the District of Columbia on behalf of investors who purchased Liquidity Services, Inc. ("Liquidity Services" or the "Company") (NasdaqGS: LQDT) securities between February 1, 2012 and May 7, 2014.
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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 suffered a loss in Liquidity Services you have until September 12, 2014 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. To obtain additional information, contact Joseph E. Levi, 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. Attorney advertising. Prior results do not guarantee similar outcomes. CONTACT: Levi & Korsinsky, LLP Joseph Levi, Esq. Eduard Korsinsky, Esq.30 Broad Street - 24th Floor New York, NY 10004 Tel: (212) 363-7500Toll Free: (877) 363-5972Fax: (866) 367-6510 www.zlk.com Logo - http://photos.prnewswire.com/prnh/20120409/MM84375LOGO SOURCE Levi & Korsinsky, LLP