NEW YORK--(BUSINESS WIRE)--Levi & Korsinsky announces it has commenced an investigation of Luxoft Holding, Inc. (“Luxoft” or “the Company”) (NYSE: LXFT) concerning possible violations of federal securities laws.
On August 11, 2017, Luxoft reported financial results for the three months ended June 30, 2017. Luxoft disclosed slower business growth than anticipated and revised its 2018 outlook, noting “Revenue is expected to be at least $920 MM, revised down from originally announced $943 million.” Upon this news, Luxoft’s stock fell from a close of $60.80 on August 10, 2017 to $45.70 on August 11, 2017. To obtain additional information, go to:
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Levi & Korsinsky is a national firm with offices in New York, California, 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.