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LXFT INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation on Behalf of Luxoft Holding, Inc. Investors

2018-04-16 15:15 ET - News Release

BENSALEM, Pa. -- (Business Wire)

Law Offices of Howard G. Smith announces an investigation on behalf of Luxoft Holding, Inc. (“Luxoft” or the “Company) (NYSE: LXFT) investors concerning the Company and its officers’ possible violations of federal securities laws.

On August 11, 2017, Luxoft announced its financial results for the three months ended June 30, 2017. Luxoft disclosed slower business growth than anticipated and revised its 2018 outlook, noting “Revenue is expected to be at least $920 MM, revised down from originally announced $943 million.” On this news, shares of Luxoft fell $15.10, to close at $45.70 on August 11, 2017, thereby injuring investors.

If you purchased Luxoft securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.


Law Offices of Howard G. Smith
Howard G. Smith, Esquire

Source: Law Offices of Howard G. Smith

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