LSB Industries Inc
0 DAYS LEFT TO SEEK LEAD PLAINTIFF STATUS
Case Summary | |
Company Name: | LSB Industries Inc |
Stock Symbol : | NYSE: LXU |
Class Period Start: | 05/08/2015 |
Class Period End: | 08/07/2015 |
Lead Plaintiff motion: | 11/24/2015 |
Date Filed: | 09/25/2015 |
Type of Case: | Securities Class Action |
Court: | U.S. District Court for the Southern District of New York |
Summary: | Thieler Law Corp advises investors with losses exceeding $100,000 of the November 24, 2015 lead plaintiff deadline in a class action lawsuit filed against LSB Industries Inc (NYSE:LXU) (“LSB Industries ” or “the Company”). The suit is pending in the U.S. District Court for the Southern District of New York and investors, who purchased LSB Industries Inc securities between May 8, 2015 and August 7, 2015, have until November 24, 2015 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class. If you purchased LSB Industries Inc securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 377 - 4324 or emailing mail@thielerlaw.com . No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class. The complaint alleges that during the Class Period defendants made false and misleading statements and/or allegedly failed to disclose that LSB Industries expansion plans for the El Dorado Facility would cost considerably higher than reported, and as a result LSB Industries Inc statements about its business, operations, and prospects, were false and misleading and/or lacked a reasonable basis. On August 7, 2015, LSB Industries Inc announced its Board of Directors evaluated the Company's business strategy, corporate governance structure, related party transactions and other governance practices and that it will propose certain recommendations. On this news, LSB Industries Inc shares declined to as low as $21.87 per share on August 7, 2015. If you were negatively impacted by your investment in LSB Industries securities between May 8, 2015 and August 7, 2015 and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation. Thieler Law Corp purchases advertisements on search engines, social media sites and other websites. If you send us information, note that does not create an attorney-client relationship with the firm. Thieler Law Corp 2534 State Street - Suite 406, San Diego, CA 92101 by email: mail@thielerlaw.com or telephone at +1 (619) 377 - 4324 or visit our website http://www.thielerlaw.com/ or Facsimile: +1 (619) 785 – 3185
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