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Libbey Inc. (NYSEMKT:LBY) Investor Investigation Concerning Potential Securities Laws Violations Announced

  • If you purchased shares of Libbey Inc. (NYSEMKT:LBY), you have certain options and you should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this investigation, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Investigation Overview

Company
Libbey Inc.
Security
NYSEMKT: LBY

Summary

November 10, 2015 (Shareholders Foundation) - An investigation on behalf of investors of Libbey Inc. (NYSEMKT:LBY) shares over potential securities laws violations by Libbey and certain of its directors and officers in connection certain financial statements was announced.

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

Libbey Inc. reported that its annual Total Revenue rose from $822.15 million in 2013 to $855.89 million in 2014 while its Net Income of $28.46 million in 2013 declined to $4.96 million in 2014.

Shares of Libbey Inc. (NYSEMKT:LBY) grew from $12.59 per share in March 2012 to as high as $41.81 per share in May 2015. On November 5, 2015, Libbey Inc. (NYSEMKT:LBY) announced its third quarter 2015 financial results.

Shares of Libbey Inc. (NYSEMKT:LBY) declined from $34.64 per share on November 4, 2015 to as low as $22.13 per share on November 6, 2015.

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