All persons or entities who purchased or otherwise acquired securities of Liquid Holdings Group, Inc. (“Liquid Holdings”) (NASDAQCM: LIQD) pursuant and/or traceable to the Company’s Registration Statement and Prospectus issued in connection with the Initial Public Offering on or about July 25, 2013 and/or who purchased their shares between July 26, 2013 and December 23, 2014.
The complaint alleges that defendants failed to disclose during the Class Period and in the Offering Documents issued in connection with the Initial Public Offering that the Company was overstating its ability to generate customers, that its business model was unsustainable, that the financial condition of the Company’s main and largest customer was deteriorating and that, as a result of the aforementioned, the Company’s financial results were overstated.
If you suffered a loss in Liquid Holdings you have until November 20, 2015 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.
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