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A class action has been filed on behalf of Livent Corporation Investors. Click "Join this Class Action" above.

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Livent Corporation

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Zhang Investor Law announces the filing of a class action lawsuit on behalf of shareholders who bought shares of Livent Corporation (NYSE: LTHM) pursuant and/or traceable to Livent’s false and/or misleading registration statement and prospectus (collectively, the “Registration Statement”) issued in connection with Livent’s initial public offering completed in October 2018 (the “IPO”). The lawsuit seeks to recover damages for Livent investors under the federal securities laws.

If you bought shares of Livent pursuant and/or traceable to Livent’s IPO and would like to join the action, please click “Join This Class Action,” above.

Press Release

SHAREHOLDER ALERT: Zhang Investor Law Announces the Filing of a Securities Class Action Lawsuit Against Livent Corporation – LTHM

New York, N.Y., May 29, 2019. Zhang Investor Law announces the filing of a class action lawsuit on behalf of shareholders who bought shares of Livent Corporation (NYSE: LTHM) pursuant and/or traceable to Livent’s false and/or misleading registration statement and prospectus (collectively, the “Registration Statement”) issued in connection with Livent’s initial public offering completed in October 2018 (the “IPO”). The lawsuit seeks to recover damages for Livent investors under the federal securities laws.

To join the Livent class action, go to http://zhanginvestorlaw.com/cases/livent-corporation/ or call Sophie Zhang, Esq. toll-free at 800-991-3756 or email info@zhanginvestorlaw.com for information on the class action.

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT.

According to the lawsuit, the Registration Statement was false and/or contained misleading statements and/or failed to disclose that: (1) a supply contract with Nemaska Lithium Inc. had been terminated; (2) Livent would be forced to fulfill its customer contracts using alternative vendors at reduced revenues and lower margins; (3) Livent had a long-standing contract to supply lithium hydroxide to a customer at a much lower price than any of Livent’s existing contracts; (4) Livent’s margins were squeezed due to the customer’s increased orders; and (5) as a result of the foregoing, defendants’ positive statements about Livent’s business, operations, and prospects, were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 22, 2019. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://zhanginvestorlaw.com/cases/livent-corporation/ or to discuss your rights or interests regarding this class action, please contact Sophie Zhang, Esq. of Zhang Investor Law toll free at 800-991-3756 or via e-mail at info@zhanginvestorlaw.com.

Zhang Investor Law represents investors worldwide.
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