Block & Leviton LLP Investigates Liberty Tax, Inc. (TAX) After KPMG Resigns As The Company's Independent Accounting Firm, Citing Concerns Over Internal Controls

BOSTON, Dec. 12, 2017 /PRNewswire/ -- Block & Leviton LLP (www.blockesq.com), a securities litigation firm representing investors nationwide, is investigating whether Liberty Tax, Inc. ("Liberty" or the "Company") (NASDAQ: TAX) and certain of its officers and directors violated federal securities laws, and encourages shareholders to contact the firm.

On December 11, 2017, Liberty disclosed that KPG LLP ("KPMG") has resigned as the Company's independent accounting firm "due to concerns around internal controls over financial reporting as it relates to the integrity and tone at the top set by Liberty's founder, current Chairman and former Chief Executive Officer, John Hewitt."

On this news, the Company's stock fell nearly 7% on December 11, 2017, and continues to slide, causing shareholders tens of millions in losses.

If you purchased or otherwise Liberty securities and have questions about your legal rights or possess information relevant to this investigation, you are encouraged to contact attorney Bradley Vettraino at (617) 398-5600, by email at [email protected], or by visiting www.blockesq.com/liberty.   

Confidentiality to whistleblowers or others with information relevant to this investigation is assured.

Block & Leviton LLP is a Boston-based law firm representing investors nationwide. The firm's lawyers have collectively been prosecuting securities cases on behalf of individual and institutional investors for over 50 years, and have recovered billions of dollars on their behalf. Block & Leviton's investigations into corporate wrongdoing were recently covered by the New York Times.

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CONTACT:

Block & Leviton LLP
Bradley J. Vettraino
155 Federal Street, Suite 400
Boston, MA 02110
(617) 398-5600
[email protected]

SOURCE Block & Leviton LLP

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