An investigation for investors of KLX Inc shares was announced concerning potential securities laws violations by KLX.
Investors who purchased shares of KLX Inc (NASDAQ:KLXI) have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 – 1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of KLX Inc (NASDAQ:KLXI) concerning whether a series of statements by KLX regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On November 12, 2015, KLX announced that it expects to recognize a non-cash, after-tax asset impairment charge of approximately $435 million related to its Energy Services Group.Shares of KLX Inc (NASDAQ:KLXI) declined to as low as $28.35 per share on November 18, 2015.
Those who purchased shares of KLX Inc (NASDAQ:KLXI) have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North – Suite 423
92108 San Diego