SAN DIEGO & DENVER--(BUSINESS WIRE)--Shareholder rights law firm Robbins LLP announces that it is investigating whether certain officers and directors of Liberty Oilfield Services Inc. (NYSE: LBRT) violated federal securities law. Liberty provides hydraulic fracturing services to onshore oil and natural gas exploration and production companies.
If you suffered a loss as a result of Liberty's misconduct, click here.
Liberty Oilfield Services Inc. (LBRT) Reveals Disappointing Financial Results
On February 5, 2020, Liberty announced disappointing financial and operations results for fourth quarter and full year 2019, revealing diluted earnings per share that fell significantly below analysts' expectations at $0.53 and full year 2019 EBITDA that decreased 37% compared to the previous year. On this news, Liberty's stock price fell $1.07, or 12.06%, to close at $7.80 per share. The stock has yet to recover.
Liberty Oilfield Services Inc. (LBRT) Shareholders Have Legal Options
Contact us to learn more:
Leo Kandinov
(800) 350-6003
LKandinov@robbinsllp.com
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Robbins LLP is a nationally recognized leader in shareholder rights law. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits, and has helped its clients realize more than $1 billion of value for themselves and the companies in which they have invested. Click Here to receive free alerts from Stock Watch when companies engage in wrongdoing.
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