Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. On this news, LiveXLive’s stock price fell $0.17 per share, or 8.29%, to close at $1.88 per share on November 17, 2020. The Company further disclosed “a decrease in subscription revenue as a result of certain subscribers subject to a contractual dispute.”

Among other results, the Company announced GAAP EPS of -$0.15, missing expectations by $0.03, and revenue of $14.56 million, missing expectations by $2.12 million. On November 16, 2020, post-market, LiveXLive announced its fiscal second quarter financial results. The investigation concerns whether LiveXLive and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. Such investors are advised to contact Robert S. (“LiveXLive” or the “Company”) (NASDAQ: LIVX). 12, 2020 (GLOBE NEWSWIRE) - Pomerantz LLP is investigating claims on behalf of investors of LiveXLive Media, Inc.

Livexlive media news