Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of Liberty Tax Inc (NASDAQ: TAX) violated securities laws in connection with certain financial statements.
The investigation seeks to discover if possible claims on behalf of purchasers of the securities of Liberty Tax Inc (NASDAQ: TAX) concerning whether a series of statements by Liberty Tax Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On November 7, 2017, Liberty revealed the resignation of its Vice President and Chief Financial Officer, Kathleen Donovan.
Following this news, NASDAQ: TAX fell $2.25 per share, or nearly 17%, to close at $11.00 per share on November 8, 2017.
On December 11, 2017, Liberty revealed the resignation of KPMG LLP as the Company's independent accounting firm and advised investors that the Company will delay the filing of its Quarterly Report on Form 10-Q for the quarter ended October 31, 2017.
Following this news, NASDAQ: TAX fell $0.80, or 6.7%, to close at $11.15 per share on December 11, 2017.
Based in Virginia Beach, Virginia, and founded in 1996 Liberty Tax Inc provides tax preparation services and solutions in the United States and Canada.
If you purchased shares of Liberty Tax Inc (NASDAQ: TAX) on or before November 7, 2017, you should contact Thieler Law Corp at firstname.lastname@example.org or call +1 (619) 377 - 4324.
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