NEW YORK, Jan. 6, 2017 /PRNewswire/ -- Faruqi &
Faruqi, LLP, a leading national securities law firm, is
investigating potential securities fraud at Live Ventures Inc.
("Live Ventures" or the "Company") (NASDAQ: LIVE).
The investigation focuses on whether the Company and its
executives violated federal securities laws by using potentially
deceiving tactics to inflate its stock price.
Specifically, on January 6, 2017,
SeekingAlpha published an article alleging that Live
Ventures has paid as much as $2
million to stock promoters to hype the Company
stock. These promoters have been involved in other stock-pump
activities including one with ForceField Energy. The article also
claimed that the Company has utilized misleading accounting tactics
to inflate earnings and cash values in its financial
statements.
On this news, shares of Live Ventures have fallen sharply during
intraday trading on January 6,
2017.
Request more information now by clicking
here: www.faruqilaw.com/LIVE. There is no cost or obligation
to you.
Take Action
If you invested in Live Ventures stock or options and would like
to discuss your legal rights, visit
www.faruqilaw.com/LIVE. You can also contact us by calling
Richard Gonnello toll free at
877-247-4292 or at 212-983-9330 or by sending an e-mail to
rgonnello@faruqilaw.com. Faruqi & Faruqi, LLP also
encourages anyone with information regarding Live Ventures's
conduct to contact the firm, including whistleblowers, former
employees, shareholders and others.
Attorney Advertising. The law firm responsible for this
advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com).
Prior results do not guarantee or predict a similar outcome with
respect to any future matter. We welcome the opportunity to
discuss your particular case. All communications will be
treated in a confidential manner.
FARUQI & FARUQI, LLP
685 Third Avenue, 26th Floor
New York, NY 10017
Attn: Richard Gonnello, Esq.
rgonnello@faruqilaw.com
Telephone: (877) 247-4292 or (212) 983-9330
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