A lawsuit was filed for shareholders in LSB Industries, Inc. (NYSE:LXU) shares over alleged securities laws violations and NYSE:LXU shareholders should contact the Shareholders Foundation

San Diego, CA -- (SBWire) -- 10/20/2015 --A shareholder in shares of LSB Industries, Inc. (NYSE:LXU) filed a lawsuit in the U.S. District Court for the Southern District of New York over alleged violations of Securities Laws by LSB Industries, Inc.

Shares of LSB Industries, Inc. (NYSE:LXU) declined to as low as $21.87 per share on August 7, 2015 and continued to decline to as low as $14.62 per share on October 1, 2015.

Investors who purchased shares of LSB Industries, Inc. (NYSE:LXU) have certain options and for certain shareholders are short and strict deadlines running. Deadline: November 24, 2015. NYSE:LXU shareholders should contact the Shareholders Foundation at mail@shareholdersfoundation or call +1(858) 779 - 1554.

The plaintiff alleges for purchasers of LSB Industries, Inc. (NYSE:LXU) common shares between May 8, 2015 and August 7, 2015, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between May 8, 2015 and August 7, 2015 defendants made allegedly false and/or misleading statements and/or allegedly failed to disclose that LSB Industries' costs related to the expansion of the El Dorado Facility would be significantly higher than reported, and that, as a result of the foregoing, LSB Industries' statements about its business, operations, and prospects, were false and misleading and/or lacked a reasonable basis.

LSB Industries, Inc. reported that its annual Total Revenue rose from $679.29 million in 2013 to $732.51 million in 2014 while its Net Income declined from $54.96 million in 2013 to $19.63 million. Shares of LSB Industries, Inc. (NYSE:LXU) grew from $29.29 per share in December 2014 to as high as $45.26 per share in April 2015.

On May 8, 2015, LSB Industries, Inc. reported its first quarter financial results. LSB Industries, Inc. reported that its first quarter Revenue rose from $178.53 million in 2014 to $193.86 million in 2015 while its first quarter Net Income declined from $11.64 million in 2014 to $6.68 million in 2015.

On August 7, 2015, LSB Industries, Inc. reported its results for the second quarter ended June 30, 2105. LSB Industries, Inc. reported that its second quarter Revenue declined from $201.7 million in 2014 to $182.7 million in 2015 and that its second quarter Net Income declined from $11.1 million to $0.42 million.

On October 19, 2105, NYSE:LXU shares closed at $16.55 per share.

Those who purchased NYSE:LXU shares 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