ATLANTA - Holzer Holzer & Fistel, LLC announces that a class action lawsuit has been filed in the United States District Court for the Eastern District of Virginia on behalf of investors who purchased Lumber Liquidators Holdings, Inc. ("Lumber Liquidators") (NYSE: LL) securities between February 22, 2012 and November 21, 2013. The complaint alleges that a series of statements regarding Lumber Liquidator's business, operations and prospects were false and misleading. Specifically, the complaint alleges, among other things, that Lumber Liquidators inflated its earnings during that time by importing illegally sourced lumber.
On December 9, 2013, the Company announced its fourth quarter 2013 earnings per share guidance which was below analysts' consensus estimates. The price of LL stock continued to fall on the news, and the firm is investigating whether the class period should be expanded through and including December 9, 2013.
If you purchased Lumber Liquidator securities between February 22, 2012 and December 9, 2013 and suffered losses on the investment, you are encouraged to contact Marshall P. Dees, Esq. via email at [email protected], or via toll-free telephone at (888) 508-6832.
Holzer Holzer & Fistel, LLC is an Atlanta, Georgia law firm that dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. More information about the firm is available through its website, www.holzerlaw.com and upon request from the firm.
Source: Holzer Holzer & Fistel, LLC
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