NEW YORK, March 16, 2020 (GLOBE NEWSWIRE) -- Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Liberty Oilfield Services Inc. (: LBRT) resulting from allegations that Liberty Oilfield may have issued materially misleading business information to the investing public.
On February 5, 2020, Liberty Oilfield issued a press release announcing its financial results for the fourth quarter and full year of 2019. The Company reported EBITDA of $277 million, a 37% decline year over year. The Company’s diluted earnings of $0.53 per share also fell far short of analyst estimates.
On this news, Liberty Oilfield stock price fell $1.07, or over 12%, to close at $7.80 per share on February 6, 2020, damaging investors.
Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by Liberty Oilfield investors. If you purchased shares of Liberty Oilfield please visit the firm’s website at http://www.rosenlegal.com/cases-register-1808.html to join the class action. You may also contact Phillip Kim of Rosen Law Firm toll free at 866-767-3653 or via email at [email protected] or [email protected].
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Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has secured hundreds of millions of dollars for investors.
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Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
[email protected]
[email protected]
www.rosenlegal.com
