BOSTON, MA / ACCESSWIRE / April 7, 2020 / Thornton Law Firm LLP announces that a lawsuit has been filed against Liberty Oilfield Services, Inc. on behalf of LBRT shareholders (NYSE:LBRT). Investors who purchased stock in connection to the IPO on January 17, 2018, that are interested to serve as a lead plaintiff are encouraged to visit https://www.tenlaw.com/cases/LBRT. Shareholders may also contact Thornton Law Firm at shareholder@tenlaw.com, or call 617-531-3917. There is no minimum number of shares required to be a class member.
FOR MORE INFORMATION, VISIT: https://www.tenlaw.com/cases/LBRT
Interested LBRT shareholders have until June 2, 2020 to apply to be a lead plaintiff. The lawsuit alleges violations of the federal securities laws, and the class has not yet been certified. Until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member. There is no minimum number of shares required to be a class member.
Liberty Oilfield Services, Inc. is an oilfield service company that serves clients throughout the United States of America.
The Complaint alleges that the Registration Statement featured false and misleading statements and failed to disclose that: (i) there was an oversupply in the hydraulic fracturing services market; (ii) Liberty Oilfield's pricing power was weak; (iii) the Company's services were not increasing and its competition was not decreasing; and (iv) as a result, defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
If you have purchased LBRT stock (NYSE: LBRT) please contact the Thornton Law Firm's shareholder rights team at http://www.tenlaw.com/cases/LBRT, by email at shareholder@tenlaw.com, or calling 617-531-3917 to discuss the lead plaintiff process.
FOR MORE INFORMATION: https://www.tenlaw.com/cases/LBRT
Thornton Law Firm's securities attorneys are highly experienced in representing individual shareholders and institutional investors in recovering damages caused by violations of the securities laws. Its attorneys have established track records litigating securities cases in courts throughout the country and recovering losses on behalf of shareholders. This may be considered Attorney Advertising in some jurisdictions. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
CONTACT:
Thornton Law Firm LLP
State Street Financial Center
1 Lincoln Street
Boston, MA 02111
www.tenlaw.com/cases/LBRT
SOURCE: Thornton Law Firm LLP
View source version on accesswire.com:
https://www.accesswire.com/584230/LIBERTY-OILFIELD-SERVICES-SHAREHOLDER-ALERT-Class-Action-Lawsuit-Filed
