Lifshitz & Miller Law Firm Announces Investigation of Conn's, Inc., EPL Oil & Gas, Inc., LifeLock, Inc. and MagnaChip Semiconductor Corporation
NEW YORK, March 18, 2014 /PRNewswire/ --
Conn's, Inc.
Lifshitz & Miller announces that a class action was filed in the United States District Court for the Southern District of Texas, alleging Conn's, Inc. ("CONN") issued false and misleading statements during the period between April 3, 2013 and February 19, 2014. Specifically, defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company was increasing its business and financial results by using underwriting and collections practices that left it vulnerable to substantial increases in bad debt; and (2) the Company was experiencing rising delinquencies at a substantially different rate than it was representing.
For more information about our investigation, please contact Joshua M. Lifshitz, Esq. by telephone at (516) 493-9780 or by sending an e-mail including your contact information to: [email protected].
EPL Oil & Gas, Inc.
Lifshitz & Miller announces an investigation into possible breaches of fiduciary duty in connection with the proposed sale of EPL Oil & Gas, Inc. ("EPL") to Energy XXI in a transaction valued at $39.00 per EPL share or for total consideration of $2.3 billion, including the assumption of debt.
Lifshitz & Miller's investigation is focused on whether the proposed deal provides adequate value to EPL shareholders.
For more information about our investigation, please contact Joshua M. Lifshitz, Esq. by telephone at (516) 493-9780 or by sending an e-mail including your contact information to: [email protected].
LifeLock, Inc.
Lifshitz & Miller announces that a class action was filed in the United States District Court for the District of Arizona, alleging LifeLock, Inc. ("Lock") issued false and misleading statements during the period between February 26, 2013 and February 19, 2014. Specifically, defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company's marketing and advertising practices were in direct violation of applicable government rules and regulations; (2) the Company was in direct violation of the Settlement Order; and (3) the Company's revenues were earned through violations of the FTC Act and the Settlement Order.
For more information about our investigation, please contact Joshua M. Lifshitz, Esq. by telephone at (516) 493-9780 or by sending an e-mail including your contact information to: [email protected].
MagnaChip Semiconductor Corporation
Lifshitz & Miller announces that a class action was filed in the United States District Court for the Central District of California, alleging MagnaChip Semiconductor Corporation ("MX") issued false and misleading statements during the period between January 30, 2013 and March 11, 2014. Specifically, defendants made false and/or misleading statements and/or failed to disclose that the Company had incorrectly recognized revenue related to certain transactions. As a result of these errors, MagnaChip announced that its financial statements for the fiscal years ended December 31, 2012 and December 31, 2011, and the quarters ended March 31, June 30, and September 30 for the years 2012 and 2013 should no longer be relied upon.
For more information about our investigation, please contact Joshua M. Lifshitz, Esq. by telephone at (516) 493-9780 or by sending an e-mail including your contact information to: [email protected].
ATTORNEY ADVERTISING. © 2014 Lifshitz & Miller. The law firm responsible for this advertisement is Lifshitz & Miller, 821 Franklin Avenue, Suite 209, Garden City, New York 11530, Tel: (516) 493-9780. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
Contact:
Joshua M. Lifshitz, Esq.
Lifshitz & Miller
Phone: 516-493-9780
Facsimile: 516-280-7376
Email: [email protected]
SOURCE Lifshitz & Miller Law Firm
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