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Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Livent Corporation (LTHM)

ACCESSWIRE

NEW YORK, NY / ACCESSWIRE / January, 9, 2020 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Livent Corporation ("Livent" or the Company") (LTHM). Investors who purchased Livent securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/lthm.

The investigation concerns whether Livent and certain of its officers and/or directors have violated federal securities laws.

On January 7, 2020, Livent issued a press release announcing that the Company had "revised its fourth quarter and full-year 2019 financial guidance" and "now expects full-year 2019 revenue in the range of $385 million to $390 million, with Adjusted EBITDA of $98 million to $101 million and adjusted earnings per share of 40 cents to 42 cents." Explaining the revised guidance, Livent represented that its "fourth quarter performance was negatively impacted by lower than forecasted realized pricing and by reduced lithium hydroxide volumes due to delayed customer orders." On this news, Livent's stock price fell $0.98 per share, or 11.3%, to close at $7.69 per share on January 8, 2020.

If you are aware of any facts relating to this investigation, or purchased Livent shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/lthm. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.

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Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com

SOURCE: Bronstein, Gewirtz & Grossman, LLC



View source version on accesswire.com:
https://www.accesswire.com/572615/Bronstein-Gewirtz-Grossman-LLC-Announces-Investigation-of-Livent-Corporation-LTHM