SHAREHOLDER ALERT: Investigation of Live Ventures Incorporated Announced by Holzer & Holzer, LLC

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Atlanta, Georgia--(Newsfile Corp. - August 4, 2021) - Holzer & Holzer, LLC is investigating whether Live Ventures Incorporated ("Live Ventures" or the "Company") (NASDAQ: LIVE) complied with federal securities laws. On August 3, 2021, the SEC filed a complaint against the Company, as well as its CEO and CFO, alleging "multiple financial, disclosure, and reporting violations related to inflated income and earnings per share, stock promotion and secret trading, and undisclosed executive compensation." In its complaint, the SEC alleges Live Ventures recorded income from a backdated contract, which increased pre-tax income for the fiscal year 2016 by 20%, and understated its outstanding share count, which overstated earnings per share by 40%. The SEC further alleges that the Company's CEO, Jon Isaac, hired a stock promoter to boost interest in Live Ventures, causing the price of shares to spike, and then profiting by secretly selling shares in a nominee account that he controlled. The price of the Company's stock plummeted following the news.

If you purchased Live Ventures stock and suffered a loss on that investment, you are encouraged to contact Corey D. Holzer, Esq. at cholzer@holzerlaw.com or Joshua Karr, Esq. at jkarr@holzerlaw.com, call our toll-free number at (888) 508-6832, or visit our website at www.holzerlaw.com to discuss your legal rights.

Holzer & Holzer, LLC is an Atlanta, Georgia law firm that dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct. More information about the firm is available through its website, www.holzerlaw.com, and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey D. Holzer is the attorney responsible for its content.

CONTACT:
Corey D. Holzer, Esq.
(888) 508-6832 (toll-free)
cholzer@holzerlaw.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/92131

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