A lawsuit was filed on behalf of investors in Liberty Oilfield Services Inc. (NYSE: LBRT) shares over alleged securities laws violations.

San Diego, CA -- (SBWire) -- 04/23/2020 --An investor, who purchased NYSE: LBRT shares, filed against Liberty Oilfield Services Inc over alleged violations of Federal Securities Laws.

Investors who purchased shares of Liberty Oilfield Services Inc. (NYSE: LBRT) have certain options and for certain investors are short and strict deadlines running. Deadline: June 2, 2020. NYSE: LBRT investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

On February 5, 2020, Liberty Oilfield Services Inc announced its financial and operations results for fourth quarter and full year 2019, revealing diluted earnings per share that fell significantly below analysts' expectations at $0.53 and full year 2019 EBITDA that decreased 37% compared to the previous year.

The plaintiff claims that the defendants made false and/or misleading statements and/or failed to disclose, that there was an oversupply in the hydraulic fracturing services market, that the Company's pricing power was weak, that the Company's services were not increasing and its competition was not decreasing, and that as a result, Defendants' statements about the Company's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Those who purchased shares of Liberty Oilfield Services Inc. (NYSE: LBRT) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, 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, investigation, and/or settlements are not filed/reached and/or 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.