An investigation for investors in NASDAQ:LIVE shares was announced concerning possible violations of securities laws by Live Ventures and certain of its directors and officers.
Investors who purchased shares of Live Ventures Inc (NASDAQ:LIVE), have certain options and should contact the Shareholders Foundation at email@example.com or call +1(858) 779 – 1554.
The investigation by a law firm focuses on whether certain statements by Live Ventures regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Live Ventures Inc reported that its Total Revenue rose from $33.37 million for the 12 months period that ended on September 30, 2015 to $78.95 million for the 12 months period that ended on September 30, 2016 and that its Net Loss of $14.67million for the 12 months period that ended on September 30, 2015 turned into a Net Income of $17.83 million for the 12 months period that ended on September 30, 2016.
Live Ventures Inc (NASDAQ:LIVE) reached as high as $24.42 per share on December 21, 2016.
On January 6, 2017, an article was published on Live Ventures Inc asserting, among other things, that stock promoters have been paid as much as $2 million to hype Live Ventures, some of these promoters also touted imploded fraud Forcefield Energy, which was delisted and went to zero, and Live Ventures Inc created “earnings” via multiple one time discretionary accounting gains.
Live Ventures Inc (NASDAQ:LIVE) declined on January 6, 2017 to as low as $16.50 per share.
On January 13, 2017, NASDAQ:LIVE shares closed at $18.90 per share.
Those who purchased NASDAQ:LIVE shares have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
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