SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Liquidity Services, Inc. (LQDT)

NEW YORK, May 18, 2016

This investigation concerns whether Liquidity Services' board of directors has breached its fiduciary duties to shareholders, grossly mismanaged the Company, and/or abused their control.

Liquidity Services operates online marketplaces for salvage and scrap assets in the United States.

On March 31, 2016, the U.S. District Court for the District of Columbia sustained a securities fraud class action against Liquidity Services and certain of its officers and directors. The lawsuit alleges that from February 1, 2012 through May 7, 2014, Defendants made false statements regarding Liquidity Services' retail and commercial capital, causing the stock price to be artificially inflated. The lawsuit also alleges that Liquidity Services' Chief Executive Officer sold $68.2 million of company stock at artificially manipulated prices. The Court found there was a "strong and cogent inference of scienter" of an intent to defraud.

If you are aware of any facts relating to this investigation, or purchased Liquidity Services shares, you can assist this investigation by visiting the firm's site: http://www.bgandg.com/#!lqdt/wda5v. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484 or via email info@bgandg.com.  Those who inquire by e-mail are encouraged to include their mailing address, email and telephone number.

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique.  Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients.  In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration.   Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com