Law Offices of Howard G. Smith reminds investors of the upcoming November 20, 2015 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased Liquid Holdings Group, Inc. ("Liquid Holdings" or the "Company") (NASDAQ: LIQD) securities: (1) pursuant and/or traceable to the Company’s Registration Statement and Prospectus (collectively, the “Registration Statement”) issued in connection with the Company’s initial public offering on or about July 25, 2013 (the “IPO” or the “Offering”); and/or (2) on the open market between July 26, 2013 and December 23, 2014, inclusive (the “Class Period”). Investors who suffered losses over $100,000 on their investment in Liquid Holdings securities are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights.

On September 16, 2015, Liquid Holdings disclosed that after an investigation by its board of directors and outside legal counsel, the Company’s prior financial statements for the nine months ended September 30, 2014, can no longer be relied upon, “due to certain accounting errors.” The Company further reported that certain issues were raised by “one of the Company's stockholders, including allegations about the Company's former senior management;” and, that “the accounting errors involve the premature recognition of revenue from QuantX Management, LLP.”

The Complaint alleges that throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose: (1) that the Company was overstating its ability to generate customers; (2) that the Company’s business model was unsustainable; (3) that the financial condition of the Company’s main and largest customer (an investment entity known as QuantX Management, LLP (“QuantX”)) was deteriorating; (4) that, as a result, the Company’s financial results and operating metrics were overstated; (5) that, as such, the Company’s financial statements were not prepared in accordance with Generally Accepted Accounting Principles (“GAAP”); (6) that the Company lacked adequate internal controls; (7) and that, as a result of the foregoing, the Company’s financial statements and Defendants’ statements about Liquid Holdings’ business, operations, and prospects, were materially false and misleading at all relevant times. Upon disclosure of these issues the Company’s securities declined sharply in value, thereby damaging investors.

If you purchased Liquid Holdings shares, you may move the Court no later than November 20, 2015 to request appointment as lead plaintiff. To be a member of the class you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class. If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at http://www.howardsmithlaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.