LOS ANGELES--(BUSINESS WIRE)--Goldberg Law PC (http://www.Goldberglawpc.com) announces that it is investigating claims of potential misrepresentations by LSB Industries, Inc. (“LSB” or the “Company”) (NYSE: LXU). The investigation focuses on whether the Company and its officers violated securities laws by issuing misleading information to investors.
If you purchased or otherwise acquired LSB shares and would like more information regarding the investigation, we advise you to contact Michael Goldberg or Brian Schall, of Goldberg Law PC, 13650 Marina Pointe Dr. Suite 1404, Marina Del Rey, CA 90292, at 800-977-7401, to discuss your rights without cost to you. You can also reach us through the firm’s website at http://www.Goldberglawpc.com, or by email at email@example.com.
The investigation concerns whether the Company violated the Securities Exchange Act of 1934. On August 7, 2015, the Company announced its financial results for the second quarter of 2015. The Company’s earnings fell below market expectations, missing earnings estimates by $0.35 cents. LSB also announced that its Strategic Committee had authored a report following an evaluation of the Company's business strategy, related party transactions and other corporate governance practices. Lance Benham, Chairman of the Strategic Committee, said, "We believe the actions taken by the Board will significantly improve the Company's corporate governance structure, enhance the execution of the Company's strategic growth initiatives and ultimately drive improved shareholder value. We look forward to seeing the benefits of these initiatives and continuing to work with the management team as it lowers production costs, improves manufacturing efficiency and drives sales growth which, we believe, will lead to enhanced profitability." When this news reached the investing public, shares dropped causing investors harm.
If you have any questions concerning your legal rights in this case, please immediately contact Goldberg Law PC at 800-977-7401, or visit our website at http://www.Goldberglawpc.com, or email us at firstname.lastname@example.org.
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