SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces the Commencement of an Investigation Involving Possible Securities Fraud by KLX Inc. and Certain Officers and Directors

NEW YORK--()--Levi & Korsinsky, LLP announces that it has commenced an investigation of KLX Inc. (“KLX” or the “Company”) (NASDAQGS:KLXI) concerning possible violations of federal securities laws by the Company and/or certain of its officers and directors.

On November 12, 2015, KLX announced that the Company expects to recognize a non-cash, after-tax asset impairment charge of approximately $435 million related to its Energy Services Group. Following this news, shares of KLX fell $6.89 per share, or 17.67%, to close at $32.11 per share. To obtain additional information about the investigation, go to:

http://zlk.9nl.com/klx-klxi

or contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.

Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.

Contacts

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Tel: 212-363-7500
Toll Free: 877-363-5972
Fax: 212-363-7171
www.zlk.com

Release Summary

Levi & Korsinsky, LLP announces that it has commenced an investigation of KLX Inc. concerning possible violations of federal securities laws

Contacts

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Tel: 212-363-7500
Toll Free: 877-363-5972
Fax: 212-363-7171
www.zlk.com