Faruqi & Faruqi, LLP Launches An Investigation Against Liquidmetal Technologies Inc. (LQMT) For Potential Breaches Of Fiduciary Duties By Its Board Of Directors


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NEW YORK--(BUSINESS WIRE)--

Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Liquidmetal Technologies Inc. (“Liquidmetal” or the “Company”) (OTC BB: LQMT) for potential breaches of fiduciary duties in connection with their conduct in seeking shareholders' approval for an amendment to the Company's Certificate of Incorporation.

Specifically, in the Proxy Statement filed by the Company with the Securities and Exchange Commission on January 9, 2013, the Board of Directors recommends that Liquidmetal's shareholders vote to approve an amendment to the Company's Certificate of Incorporation to increase the number of shares of the Company's common stock the Company is authorized to issue from 400,000,000 shares to 500,000,000 shares. The issuance of the additional shares could have a substantial dilutive effect on the shares of Liquidmetal common stock.

Request more information now by clicking here: www.faruqilaw.com/LQMT. There is no cost or obligation to you.

Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action litigation. The firm is focused on providing exemplary legal services in complex litigation in the areas of securities, shareholder, antitrust and consumer litigation, throughout all phases of litigation. The firm has an experienced trial team which has achieved significant victories on behalf of the firm's clients.

If you own common stock in Liquidmetal and wish to obtain additional information and protect your investments free of charge, please visit us at www.faruqilaw.com/LQMT or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330.

Attorney Advertising. (C) 2013 Faruqi & Faruqi, LLP. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We are happy to discuss your particular case.

Faruqi & Faruqi, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Juan E. Monteverde, Esq.
jmonteverde@faruqilaw.com
Toll Free: (877) 247-4292
Phone: (212) 983-9330


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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Posted In: Press Releases