Bragar Eagel & Squire, P.C. is Investigating Livent Corporation (NYSE: LTHM) on Behalf of Livent Stockholders and Encourages Livent Investors to Contact the Firm
NEW YORK, May 16, 2019 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C. is investigating potential claims against Livent Corporation (NYSE: LTHM) on behalf of Livent stockholders. Our investigation concerns whether Livent has violated the federal securities laws and/or engaged in other unlawful business practices.
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In October 2018, Livent completed its initial public offering (“IPO”) in which it sold 23 million shares of its common stock at $17.00 per share. On February 11, 2019, Livent released its fourth quarter 2018 financial results that missed top line sales targets, citing difficulties negotiating contracts with existing customers. On this news, Livent’s share price fell by more than 4%, closing at $12.55 on February 12, 2019.
On May 8, 2019, the company announced disappointing financial results for first quarter 2019, citing further customer issues. On this news, Livent’s share price fell by a further 16%, closing at $9.03 on May 8, 2019.
If you purchased or otherwise acquired Livent shares and suffered a loss, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at email@example.com, or telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
Bragar Eagel & Squire, P.C. is a New York-based law firm concentrating in commercial and securities litigation. For additional information concerning our investigation into Livent please go to http://www.bespc.com/lthm/. For additional information about Bragar Eagel & Squire, P.C., please go to www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.