TRADING ALERT: Rosen Law Firm Reminds LSB Industries, Inc. Investors of Important Deadline in Class Action - LXU

NEW YORK--()--Rosen Law Firm, a global investor rights law firm, reminds purchasers of LSB Industries, Inc. (NYSE: LXU) securities during the period from May 8, 2015 through August 7, 2015, inclusive (the “Class Period”) of the important November 24, 2015 lead plaintiff deadline in the class action. The lawsuit seeks to recover damages for LSB Industries investors under the federal securities laws.

To join the LSB Industries class action, go to the firm’s website at http://www.rosenlegal.com/cases-720.html or call Phillip Kim, Esq. or Kevin Chan, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or kchan@rosenlegal.com for information on the class action.

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. YOU MAY RETAIN COUNSEL OF YOUR CHOICE.

According to the lawsuit, Defendants made false and/or misleading statements and/or failed to disclose that: (1) LSB Industries costs related to the expansion of the El Dorado Facility would be significantly higher than reported; and, (2) as a result, LSB Industries’ statements about its business, operations, and prospects, were false and misleading and/or lacked a reasonable basis. On August 7, 2015, LSB Industries announced its intent to implement certain recommendations by the Strategic Committee of the LSB Industries Board of Directors and that the total cost to complete the El Dorado Facility expansion would now be in the range of $660 million to $680, significantly higher that its previous estimates of $495 million to $520 million on May 8, 2015. On this news, shares of LSB Industries declined $12.09 per share or over 34% to close at $23.01 per share on August 7, 2015, on heavy volume.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 24, 2015. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to the firm’s website at http://rosenlegal.com/cases-720.html for more information. You may also contact Phillip Kim, Esq. or Kevin Chan, Esq. of Rosen Law Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com or kchan@rosenlegal.com.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.

Contacts

The Rosen Law Firm, P.A.
Laurence Rosen, Esq.
Phillip Kim, Esq.
Kevin Chan, Esq.
275 Madison Avenue, 34th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
kchan@rosenlegal.com
www.rosenlegal.com

Release Summary

Rosen Law Firm Representing LSB Industries, Inc. Shareholders in Securities Class Action Lawsuit Seeking to Recover Investor Losses - LXU

Contacts

The Rosen Law Firm, P.A.
Laurence Rosen, Esq.
Phillip Kim, Esq.
Kevin Chan, Esq.
275 Madison Avenue, 34th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
kchan@rosenlegal.com
www.rosenlegal.com