LIQUIDITY SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Liquidity Services, Inc. - LQDT

| Source: Kahn Swick & Foti, LLC

NEW ORLEANS, July 15, 2014 (GLOBE NEWSWIRE) -- Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until September 12, 2014 to file lead plaintiff applications in a securities class action lawsuit against Liquidity Services, Inc. (Nasdaq:LQDT), if they purchased the Company's securities during the period between February 1, 2012 through May 7, 2014, inclusive (the "Class Period"). This action is pending in the United States District Court for the District of Columbia.

What You May Do

If you purchased shares of Liquidity and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, call toll-free at 1-877-515-1850, or email KSF Managing Partner Lewis Kahn ( or KSF Partner Melinda Nicholson ( If you wish to serve as a lead plaintiff in this class action, you must petition the Court by September 12, 2014.

About the Lawsuit

Liquidity and certain of its executives are charged with issuing a series of materially false and misleading statements during the Class Period, violating federal securities laws.

These false statements and omissions included, in part, the Company's failure to disclose: (i) the impact of mix changes in the Company's Department of Defense surplus and retail businesses; (ii) delayed capital asset projects in both the U.S. and Europe; and (iii) unusual softness in the Company's energy vertical due to an industry-wide decline in line pipe and related equipment.

On May 7, 2014, Liquidity announced its financial results for the second quarter fiscal 2014 which were below previously provided estimates, and drastically reduced its guidance. On this news, Liquidity's share price plummeted by 30%.

About Kahn Swick & Foti, LLC

To learn more about KSF, whose partners include the Former Louisiana Attorney General, Charles C. Foti, Jr., and other lawyers with significant experience litigating complex securities class actions nationwide on behalf of both institutional and individual shareholders, you may visit

Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
Melinda Nicholson, Partner
206 Covington St.
Madisonville, LA 70447