OKLAHOMA CITY, OK–LawFuel.com – – Sep 11, 2013) – Today, Federman & Sherwood filed the first securities class action lawsuit against Liberty Silver Corp. (PINKSHEETS: LBSV) (“Liberty Silver”), Robert Donald Bruce Genovese, Tiffeni Aliece Graves, Marnie Markin, Geoffrey Browne, BG Capital Group Ltd and Look Back Investments, Inc. in the United States District Court for the Southern District of Florida. The complaint alleges violations of federal securities laws, Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5, including allegations of issuing a series of false or material misrepresentations to the market, as well as effectuating a “pump and dump” scheme, all of which had the effect of artificially inflating the market price of Liberty Silver Corp.’s common stock during the Class Period of April 1, 2008 through October 5, 2012.
Plaintiff seeks to recover damages on behalf of all Liberty Silver shareholders who purchased common stock during the Class Period and are therefore a member of the Class as described above. You may move the Court no later than Tuesday, November 12, 2013 to serve as a lead plaintiff for the entire Class. However, in order to do so, you must meet certain legal requirements pursuant to the Private Securities Litigation Reform Act of 1995.
If you wish to discuss this action, obtain further information or participate in this litigation, or should you have any questions or concerns regarding this notice or preservation of your rights, please contact: