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LSB Industries, Inc. (NYSE: LXU) Investor Alert: Investigation over possible Violations of Securities Laws

03-25-2024 04:07 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation for investors in LSB Industries, Inc. (NYSE: LXU) shares over potential securities laws violations.

An investigation for investors in LSB Industries, Inc. (NYSE: LXU) shares over potential securities laws violations.

An investigation on behalf of investors of LSB Industries, Inc. (NYSE: LXU) shares over potential securities laws violations by LSB Industries, Inc. and certain of its directors and officers in connection with certain financial statements was announced.

Investors who purchased shares of LSB Industries, Inc. (NYSE: LXU), 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 possible claims on behalf of purchasers of the securities of LSB Industries, Inc. (NYSE: LXU) concerning whether a series of statements by LSB Industries, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Oklahoma City, OK based LSB Industries, Inc. engages in the manufacture, marketing, and sale of chemical products. LSB Industries, Inc. reported that its annual Total Revenue declined from $901.71 million in 2022 to $593.7 million in 2023, and that its Net Income declined from $230.44 million in 2022 to $27.92 million in 2023.

Shares of LSB Industries, Inc. (NYSE: LXU) declined from $11.69 per share on July 27, 2023, to as low as $6.74 per share on March 06,2024.

Those who purchased shares of LSB Industries, Inc. (NYSE: LXU) have certain options and should contact the Shareholders Foundation.

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 lawsuits, 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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