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LEAD PLAINTIFF DEADLINE ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $50,000 in Liberty Tax, Inc. to Contact the Firm


Faruqi & Faruqi, LLP, a leading national securities law firm, reminds
investors in Liberty Tax, Inc. ("Liberty" or the "Company") (NASDAQ:TAX)
of the February 13, 2018 deadline to seek the role of lead plaintiff in
a federal securities class action that has been filed against the

If you invested in Liberty stock or options between June 29, 2016 and
December 11, 2017
and would like to discuss your legal rights, click
There is no cost or obligation to you.

You can also contact us by calling Richard Gonnello toll free at
or at 212-983-9330 or by sending an e-mail to

The lawsuit has been filed in the U.S. District Court for the Eastern
District of New York on behalf of all those who purchased Liberty
securities between June 29, 2016 and December 11, 2017 (the "Class
Period"). The case, Beland v. Liberty Tax, Inc. et al., No.
1:17-cv-07327 was filed on December 15, 2017.

The lawsuit focuses on whether the Company and its executives violated
federal securities laws by making false and/or misleading statements
and/or failing to disclose that: (1) Liberty's former Chief Executive
Officer, John T. Hewitt, created an inappropriate tone at the top; (2)
the inappropriate tone at the top led to ineffective entity level
controls over the organization; and (3) as a result, the Company's
statements regarding its business, operations and prospects were
materially false and misleading and/or lacked a reasonable basis.

Specifically, on November 7, 2017, Liberty Tax filed a Form 8-K with the
Securities and Exchange Commission ("SEC") during aftermarket hours
announcing the sudden resignation of Kathleen E. Donovan as the
Company's Chief Financial Officer.

After the announcement, Liberty's share price fell from $13.25 per share
on November 7, 2017 to a closing price of $11.00 on November 8, 2017—a
$2.25 or a 16.98% drop.

Then, on December 11, 2017, Liberty filed a Form 8-K with the SEC
announcing the sudden resignation of KPMG LLP as its independent
registered public accounting firm and the delay in the filing of its
quarterly report on Form 10-Q for the quarter ended October 31, 2017.

Following the announcement, Liberty's share price fell from $11.95 per
share on December 8, 2017 to a closing price of $11.15 on December 11,
2017—a $0.80 or a 6.69% drop.

The court-appointed lead plaintiff is the investor with the largest
financial interest in the relief sought by the class who is adequate and
typical of class members who directs and oversees the litigation on
behalf of the putative class. Any member of the putative class may move
the Court to serve as lead plaintiff through counsel of their choice, or
may choose to do nothing and remain an absent class member. Your ability
to share in any recovery is not affected by the decision to serve as a
lead plaintiff or not.

Faruqi & Faruqi, LLP also encourages anyone with information regarding
Liberty's conduct to contact the firm, including whistleblowers, former
employees, shareholders and others.

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particular case. All communications will be treated in a confidential

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