Press release
Investigation announced for Investors in shares of Liberty Oilfield Services Inc. (NYSE: LBRT)
An investigation for investors in Liberty Oilfield Services Inc. (NYSE: LBRT) shares over potential securities laws violations.
Investors who purchased shares of Liberty Oilfield Services Inc. (NYSE: LBRT), 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 focuses on whether a series of statements by Liberty Oilfield Services Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Denver, CO based Liberty Oilfield Services Inc. provides hydraulic fracturing services to onshore oil and natural gas exploration and production companies in North America. Liberty Oilfield Services Inc. reported that its annual Total Revenue rose from over $1.48 billion in 2017 to over $2.15 billion in 2018,
On February 5, 2020, Liberty Oilfield Services Inc announced its 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.
Shares of Liberty Oilfield Services Inc. (NYSE: LBRT) declined from $11.40 per share on January 8, 2020 to as low as $7.31 per share on February 7, 2020.
Those who purchased shares of Liberty Oilfield Services Inc. (NYSE: LBRT) 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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