Liberty Tax, Inc. (TAX) Loss Submission Form

The Law Offices of Vincent Wong announce that a class action lawsuit has been commenced in the United States District Court for the Eastern District of New York on behalf of investors who purchased Liberty Tax, Inc. (NASDAQ : TAX) securities between June 29, 2016 and December 11, 2017.

According to the complaint, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) Liberty's former CEO, John T. Hewitt, created an inappropriate tone at the top; (2) the inappropriate tone at the top led to ineffective entity level controls over the organization; and (3) as a result, defendants’ statements about Liberty's business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. On September 6, 2017, Liberty announced that founder and CEO Hewitt had been terminated. On November 7, 2017, Liberty announced the resignation of Kathleen Donovan, its Vice President and Chief Financial Officer. On December 11, 2017, Liberty report that KPMG LLP resigned as its independent registered public accounting firm and that Liberty would delay the filing of its quarterly report on Form 10-Q for the quarter ended October 31, 2017.

If you suffered a loss in Liberty Tax, Inc. you have until February 13, 2018 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

To receive more information, please fill out the form.

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The Law Offices of Vincent Wong do not share your information with others. There is no cost or obligation.

This submission does not create an attorney-client relationship. If we believe that you might be an appropriate lead plaintiff, we will contact you to discuss whether to establish an attorney-client relationship.

This letter confirms that you have retained The Law Offices of Vincent Wong to represent you as a named plaintiff in a shareholder action involving Liberty Tax, Inc..

We agree to advance all expenses in the litigation, which means that you are not liable to pay any of the expenses of the lawsuit, whether attorneys' fees or costs. Regardless of the result, we will never ask you to directly pay for any attorneys' fees or costs. Should we obtain a favorable result, we may ask the court to award us compensation to be paid by the defendants or as a portion of any class benefit, but, again, we will never ask you to directly pay any of the costs of this litigation.

As the client you are entitled to direct the litigation in any way you deem proper, and may at any time order us to dismiss the case or opt-out. Should you choose to do so, we will never ask you to reimburse us directly for any legal fees or expenses. During the course of this litigation, we may employ and/or work with other law firms to prosecute your case.

We look forward to representing you and other Liberty Tax, Inc. shareholders.

Sincerely,

The Law Offices of Vincent Wong

Vincent Wong

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