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NASDAQ: TAX Long-Term Investor Notice: Investigation over potential Wrongdoing at Liberty Tax Inc announced

08-19-2019 09:38 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of current long term investors in Liberty Tax Inc (NASDAQ: TAX) shares.

An investigation on behalf of current long term investors in Liberty Tax Inc (NASDAQ: TAX) shares.

An investigation on behalf of current long-term investors in shares of Liberty Tax Inc (NASDAQ: TAX) concerning potential breaches of fiduciary duties by certain directors and officers of Liberty Tax Inc was announced.

Investors who are current long term investors in Liberty Tax Inc (NASDAQ: TAX) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm for current long term investors in NASDAQ: TAX stocks follows a lawsuit filed against Liberty Tax Inc over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: TAX stocks, concerns whether certain Liberty Tax directors are liable in connection with the allegations made in that lawsuit.

According to that complaint filed in the U.S. District Court for the Eastern District of New the plaintiff alleges that the defendants made false and/or misleading statements and/or failed to disclose that Liberty Tax’s former CEO John T. Hewitt created an inappropriate tone at the top, that the inappropriate tone at the top led to ineffective entity level controls over the organization, and that as a result, defendants’ statements about Liberty Tax’s 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.

Those who purchased shares of Liberty Tax Inc (NASDAQ: TAX) have certain options and should contact the Shareholders Foundation.

Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

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