Energy News / Shareholders Foundation, Inc.

NASDAQ:LYTS Shareholder Alert: Investigation of LSI Industries Inc. over Potential Violations of Securities Laws

Via: ReleaseWire

Updated 12:00 PM CDT, Wed, May 09,2018

An investigation for investors in LSI Industries Inc. (NASDAQ: LYTS) shares over potential securities laws violations by LSI Industries Inc. was announced

San Diego, CA -- (SBWIRE) -- 05/09/2018 -- An investigation was announced over potential securities laws violations by LSI Industries Inc. and certain of its directors and officers in connection with certain financial statements.

Investors who purchased shares of LSI Industries Inc. (NASDAQ: LYTS), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of LSI Industries Inc. (NASDAQ: LYTS) concerning whether a series of statements by LSI Industries Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Cincinnati, OH based LSI Industries Inc. reported that its Total Revenue rose from $322.19 million for the 12 months period that ended on June 30, 2016 to $331.39 million for the 12 months period that ended on June 30, 2017.

On April 23, 2018, LSI Industries announced the sudden departure of its President and CEO, Dennis Wells

Shares of LSI Industries Inc. (NASDAQ: LYTS) declined on April 25, 2018 to as low as $5.12 per share.

Those who purchased shares of LSI Industries Inc. (NASDAQ: LYTS) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

For more information on this press release visit:
http://www.sbwire.com/press-releases/nasdaqlyts-shareholder-alert-investigation-of-lsi-industries-inc-over-potential-violations-of-securities-laws-974509.htm

Media Relations Contact
Michael Daniels
858-779-1554
Email: Click to Email Michael Daniels
Web: http://www.ShareholdersFoundation.com