The Law Offices of Frank R. Cruz announces an investigation on behalf of Livent Corporation (“Livent” or the “Company”) (NYSE: LTHM) investors concerning the Company and its officers’ possible violations of federal securities laws.
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On January 7, 2020, Livent reduced its fiscal 2019 guidance, expecting revenue between $385 million to $390 million, explaining that its “fourth quarter performance was negatively impacted by lower than forecasted realized pricing and by reduced lithium hydroxide volumes due to delayed customer orders.”
On this news, Livent’s stock price fell $0.98 per share, or more than 11%, to close at $7.69 per share on January 8, 2020, thereby injuring investors.
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If you purchased Livent securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20200109005864/en/
Contacts:
Frank R. Cruz, 310-914-5007
fcruz@frankcruzlaw.com
www.frankcruzlaw.com
