Liberty Tax (TAX) Alert: Johnson Fistel Investigates Liberty Tax, Inc.; Should Management be Held Accountable for Investors Losses?

SAN DIEGO, Dec. 13, 2017 /PRNewswire/ -- Shareholder rights law firm Johnson Fistel, LLP is investigating potential claims on behalf of Liberty Tax, Inc. ("Liberty Tax") (NASDAQ: TAX) shareholders. Liberty Tax provides tax preparation services and solutions in the United States and Canada.

On September 6, 2017, Liberty Tax announced that its founder and Chief Executive Officer John T. Hewitt had been terminated. Then, on November 7, 2017, the Company announced the resignation of Kathleen Donovan, its Chief Financial Officer.

On December 11, 2017, Liberty Tax reported that KPMG LLP resigned as its independent registered public accounting firm and that Liberty Tax will delay the filing of its quarterly report on Form 10-Q for the quarter ended October 31, 2017. KPMG apparently expressed concerns regarding internal controls over financial reporting.

Since the disclosure of these events, the share price of Liberty Tax has plummeted.

If you have information that could assist in this investigation, including past employees and others, or if you are a Liberty Tax shareholder and are interested in learning more about the investigation or your legal rights and remedies, please contact Jim Baker (jimb@johnsonfistel.com) by email or phone at 619-814-4471. If emailing, please include a phone number.

About Johnson Fistel, LLP:
Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com. Attorney advertising. Past results do not guarantee future outcomes.

Contact:
Johnson Fistel, LLP
Jim Baker, 619-814-4471
jimb@johnsonfistel.com

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SOURCE Johnson Fistel, LLP