NYSE
LXU

LSB Industries, Inc.

Shareholder Securities Fraud Litigation

Rigrodsky & Long, P.A. Announces A Securities Fraud Class Action Lawsuit Has Been Filed Against LSB Industries, Inc. (NYSE: LXU)

Rigrodsky & Long, P.A. announces that a complaint has been filed in the United States District Court for the Southern District of New York on behalf of all persons or entities that purchased the common stock of LSB Industries, Inc. (“LSB” or the “Company”) (NYSE: LXU) between May 8, 2015 and August 7, 2015, inclusive (the “Class Period”), alleging violations of the Securities Exchange Act of 1934 against the Company and certain of its officers (the “Complaint”).

If you purchased shares of LSB during the Class Period, or purchased shares prior to the Class Period and still hold LSB, and wish to discuss this action or have any questions concerning this notice or your rights or interests, please contact Timothy J. MacFall, Esquire or Peter Allocco of Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803 at (888) 969-4242; by e-mail to info@rl-legal.com.

The Complaint alleges that throughout the Class Period, defendants made materially false and misleading statements, and omitted materially adverse facts, about the Company’s business, operations and prospects.  As a result of defendants’ alleged false and misleading statements, the Company’s stock traded at artificially inflated prices during the Class Period.

According to the Complaint, on August 7, 2015, the Company revealed that it intended to implement certain recommendations after the Strategic Committee of the LSB Board of Directors reviewed the Company’s business strategy, corporate governance structure, related party transactions and other governance practices of the Company.  Additionally the Company announced that the total cost to complete the El Dorado Facility expansion would now be significantly higher than the previous estimates previously disclosed to the investing public.

On this news, shares in LSB dropped over 34%, closing at $23.01 per share on August 7, 2015, on heavy trading volume.

If you wish to serve as lead plaintiff, you must move the Court no later than November 24, 2015.  A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.  Any member of the proposed class may move the court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member.

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