ATLANTA, GA – – (Newsfile Corp. – August 4, 2021) – – Holzer & Holzer, LLC is investigating whether Live Ventures Incorporated (“Live Ventures” or the “Company”) (NASDAQ: LIVE) complied with federal securities laws. On August 3, 2021, the SEC filed a complaint against the Company, as well as its CEO and CFO, alleging “multiple financial, disclosure, and reporting violations related to inflated income and earnings per share, stock promotion and secret trading, and undisclosed executive compensation.”  In its complaint, the SEC alleges Live Ventures recorded income from a backdated contract, which increased pre-tax income for the fiscal year 2016 by 20%, and understated its outstanding share count, which overstated earnings per share by 40%. The SEC further alleges that the Company’s CEO, Jon Isaac, hired a stock promoter to boost interest in Live Ventures, causing the price of shares to spike, and then profiting by secretly selling shares in a nominee account that he controlled. The price of the Company’s stock plummeted following the news. If you purchased Live Ventures stock and suffered a loss on that investment, you are encouraged to contact Corey D. Holzer, Esq. at cholzer@holzerlaw.com or Joshua Karr, Esq. at jkarr@holzerlaw.com, call our toll-free number at (888) 508-6832, or visit our website at www.holzerlaw.com to discuss your legal rights.

Provide Your Information To Take Action

  • Plaintiff Certifies That:
    1. Plaintiff has reviewed the complaint and authorized its filing.
    2. Plaintiff did not acquire the security that is the subject of this action at the direction of plaintiff's counsel or in order to participate in this private action or any other litigation under the federal securities laws.
    3. Plaintiff is willing to serve as a representative party on behalf of a class, including providing testimony at deposition and trial, if necessary.
    4. Plaintiff represents and warrants that he/she/it is fully authorized to enter into and execute this certification.
    5. Plaintiff will not accept any payment for serving as a representative party on behalf of a class beyond the Plaintiff's pro rata share of any recovery, except such reasonable costs and expenses (including lost wages) directly relating to the representation of the class as ordered or approved by the court.
    6. Plaintiff has made no transaction(s) during the Class Period in the debt or equity securities that are the subject of this action except those set forth below:
  • Date PurchasedNumber of Shares AcquiredAcquisition Price Per Share 
  • Date SoldNumber of Shares SoldSelling Price Per Share 
  • Signed pursuant to the Uniform Electronic Transactions act as adopted by the various states and territories of the United States.
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