An investigation on behalf of investors of LiqTech International, Inc. (NASDAQ: LIQT) shares over potential securities laws violations by LiqTech International, Inc and certain of its directors and officers in connection with certain financial statements was announced.

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

Denmark based LiqTech International, Inc., a clean technology company, designs, develops, produces, markets, and sells automated filtering systems, and ceramic silicon carbide liquid and diesel particulate air filters in the United States, Canada, Europe, Asia, and South America. LiqTech International, Inc. reported that its annual Total Revenue rose from $12.23 million in 2018 to $32.63 million in 2019, and that its normalized Loss increased from $4.48 million in 2018 to $166.83 million in 2019.

Shares of LiqTech International, Inc. (NASDAQ: LIQT) declined from $9.10 per share on October 5, 2020 to as low as $6.56 per share on November 9, 2020.