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LOS ANGELES–(BUSINESS WIRE)–lt;a href=”https://twitter.com/search?q=%24LTHM&src=ctag” target=”_blank”gt;$LTHMlt;/agt; lt;a href=”https://twitter.com/hashtag/CLASSACTION?src=hash” target=”_blank”gt;#CLASSACTIONlt;/agt;–Glancy
Prongay & Murray LLP
(“GPM”) reminds investors of the upcoming July
22, 2019 
deadline to file a lead plaintiff motion in the class
action filed on behalf of Livent Corporation (“Livent” or the “Company”)
(NYSE: LTHM)
investors who purchased securities pursuant and/or traceable to the
registration statement and prospectus (collectively, the “Registration
Statement”) issued in connection with the Company’s October 2018 initial
public offering (“IPO” or the “Offering”).

If you are a shareholder who suffered a loss, click here to
participate.

If you wish to learn more about this action, or if you have any
questions concerning this announcement or your rights or interests with
respect to these matters, please contact Lesley Portnoy, Esquire, at
310-201-9150, Toll-Free at 888-773-9224, or by email to [email protected],
or visit our website at www.glancylaw.com.

In October 2018, Livent completed its initial public offering (“IPO”) in
which it sold 23 million shares of its common stock at $17.00 per share.

On February 11, 2019, Livent released its fourth quarter 2018 financial
results that missed top line sales targets, citing difficulties
negotiating contracts with existing customers. On this news, Livent’s
share price fell $0.57, over 4%, to close at $12.55, on February 12,
2019, thereby injuring investors.

Then, on May 8, 2019, the Company announced disappointing financial
results for first quarter 2019, citing further customer issues. On this
news, Livent’s share price fell $1.70, nearly 16%, to close at $9.03 on
May 8, 2019, thereby injuring investors further.

The complaint filed in this class action alleges that the Registration
Statement was false and misleading and omitted to state material adverse
facts. Specifically, Defendants failed to disclose to investors: (1)
that a supply contract with Nemaska Lithium Inc. had been terminated;
(2) that, as a result, the Company would be forced to fulfill its
customer contracts using alternative vendors at reduced revenues and
lower margins; (3) that the Company had a long-standing contract to
supply lithium hydroxide to a customer at a much lower price than any of
the Company’s existing contracts; (4) that the Company’s margins were
squeezed due to the customer’s increased orders; and (5) that, as a
result of the foregoing, Defendants’ positive statements about the
Company’s business, operations, and prospects, were materially
misleading and/or lacked a reasonable basis.

Follow us for updates on Twitter: twitter.com/GPM_LLP.

If you purchased or otherwise acquired Livent securities during the
Class Period you may move the Court no later than July 22, 2019 to
request appointment as lead plaintiff in this putative class action
lawsuit. To be a member of the class action you need not take any action
at this time; you may retain counsel of your choice or take no action
and remain an absent member of the class action. If you wish to learn
more about this class action, or if you have any questions concerning
this announcement or your rights or interests with respect to the
pending class action lawsuit, please contact Lesley Portnoy, Esquire, of
GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067
at 310-201-9150, Toll-Free at 888-773-9224, by email to [email protected],
or visit our website at www.glancylaw.com.
If you inquire by email please include your mailing address, telephone
number and number of shares purchased.

This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.

Contacts

Glancy Prongay & Murray LLP, Los Angeles
Lesley Portnoy,
310-201-9150 or 888-773-9224
[email protected]
www.glancylaw.com