IRVINE, Calif.--(BUSINESS WIRE)--Khang & Khang LLP (the “Firm”) announces that a class action lawsuit has been filed against LSB Industries, Inc. (“LSB” or the “Company”) (NYSE: LXU). Investors who purchased or otherwise acquired shares between May 8, 2015 and August 7, 2015, inclusive (the “Class Period”) are encouraged to contact the Firm immediately to discuss their legal options.
If you purchased shares of LSB during the Class Period, please contact Joon M. Khang, Esquire, of Khang & Khang, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949) 419-3834, or by email at firstname.lastname@example.org.
There has been no class certification in this case. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member.
According to the complaint, on August 7, 2015, the Company announced net sales of approximately $183 million for the second quarter of 2015, and updated the estimated total cost of the El Dorado project to a range of $660 million to $680 million. The Company’s results fell below market expectations, and LSB blamed “work performed by a previous subcontractor” as part of the cause for the El Dorado price estimate.
If you purchased shares of LSB during the Class Period you have until November 24, 2015 to ask the Court to appoint you as lead plaintiff. If you wish to learn more about this lawsuit, or if you have any questions concerning this notice or your rights, please contact Joon M. Khang, a prominent litigator for almost two decades, by telephone: (949) 419-3834, or by email at email@example.com.
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