NEW YORK, March 25, 2020 (GLOBE NEWSWIRE) -- Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Liberty Oilfield Services Inc. (LBRT) resulting from allegations that Liberty Oilfield may have issued materially misleading business information to the investing public.
On February 5, 2020, Liberty Oilfield issued a press release announcing its financial results for the fourth quarter and full year of 2019. The Company reported EBITDA of $277 million, a 37% decline year over year. The Company’s diluted earnings of $0.53 per share also fell far short of analyst estimates.
On this news, Liberty Oilfield’s stock price fell $1.07, or over 12%, to close at $7.80 per share on February 6, 2020, damaging investors.
Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by Liberty Oilfield investors. If you purchased shares of Liberty Oilfield please visit the firm’s website at http://www.rosenlegal.com/cases-register-1808.html to join the class action. You may also contact Phillip Kim of Rosen Law Firm toll free at 866-767-3653 or via email at email@example.com or firstname.lastname@example.org.
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Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has secured hundreds of millions of dollars for investors.
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Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
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