NEW YORK, NY / ACCESSWIRE / April 30, 2020 / Pomerantz LLP is investigating claims on behalf of investors of Liberty Oilfield Services Inc.("Liberty" or the "Company") (NYSE:LBRT). Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 9980.
The investigation concerns whether Liberty and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
[Click here for information about joining the class action]
On February 5, 2020, post-market, Liberty announced its financial and operations results for fourth quarter and full year 2019. Among other results, Liberty reported diluted earnings per share of $0.53 for 2019, which fell significantly short of analyst forecasts.
On this news, Liberty's stock price fell $1.07 per share, or 12.06%, to close at $7.80 per share on February 6, 2020.
The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.
SOURCE: Pomerantz LLP
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