{"id":523048,"date":"2021-08-04T08:33:52","date_gmt":"2021-08-04T12:33:52","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/live-ventures-denies-all-sec-allegations-and-will-vigorously-defend-itself-in-court\/"},"modified":"2021-08-04T08:33:52","modified_gmt":"2021-08-04T12:33:52","slug":"live-ventures-denies-all-sec-allegations-and-will-vigorously-defend-itself-in-court","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/live-ventures-denies-all-sec-allegations-and-will-vigorously-defend-itself-in-court\/","title":{"rendered":"Live Ventures Denies All SEC Allegations and Will Vigorously Defend Itself in Court"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"left\">LAS VEGAS, Aug.  04, 2021  (GLOBE NEWSWIRE) &#8212; Live Ventures Incorporated (Nasdaq: LIVE), a diversified holding company, announced that after a nearly four-year investigation, the SEC has filed charges against the company. The company categorically denies all charges and will vigorously defend itself.\u00a0<\/p>\n<p>The company asserts that the SEC\u2019s pursuit of this matter will not result in any benefit to investors and instead will only serve as a distraction from core business.<\/p>\n<p>Live Ventures has enlisted the representation of highly experienced and respected attorney John Hueston of the law firm Hueston Hennigan. Mr. Hueston\u2019s biography can be found here: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=D_m4vuNhDIlc0fU2O4NpHQT8HK8cTHFT2t5qYdhuX5liE7ZLy15lcq8bpSozcoVBpSQ_JKrWCOhkM07z60w8KLXPtct0gkOxTrKxXHk0kWT6QNtBSepKU6q_5tmEl9ma1yiEELXJws2hjCQUqpfMG-7-v8_4KId7X0I0m3HoYwA=\" rel=\"nofollow noopener\" target=\"_blank\">https:\/\/www.hueston.com\/attorney\/john-c-hueston\/<\/a>.<\/p>\n<p>The company looks forward to its day in court and vindication at trial.<\/p>\n<p>\n        <strong>About Live Ventures<\/strong>\n      <\/p>\n<p>Live Ventures Incorporated (Nasdaq: LIVE) (\u201cLive Ventures\u201d or the \u201cCompany\u201d) is a rapidly growing, diversified holding company with a strategic focus on value-oriented acquisitions of domestic middle-market companies. Live Venture\u2019s acquisition strategy is sector agnostic, focuses on well-run, closely held businesses with a demonstrated track record of earnings growth and cash flow generation. The Company looks for opportunities to partner with management to build increased shareholder value through a disciplined buy-build-hold long-term focused strategy. Live Ventures was founded in 1968 and refocused in 2011 under our CEO and strategic investor, Jon Isaac. The Company\u2019s current portfolio of diversified operating subsidiaries includes companies in the textile, flooring, tools, steel, entertainment, and financial services industries.<\/p>\n<p>\n        <u>About Our Main Operating Subsidiaries<\/u>\n      <\/p>\n<p>\n        <em>Marquis Industries<\/em>\n      <\/p>\n<p>Based in Chatsworth, GA, and acquired by Live Ventures in 2015, Marquis Industries (\u201cMarquis\u201d) is a leading manufacturer of residential and commercial carpets sold primarily in North America and focused on residential, niche commercial, and hospitality end-markets. In addition to a diverse offering of carpeting products, Marquis Industries also designs, sources, and sells hard-surface flooring products.<\/p>\n<p>\n        <em>Vintage Stock<\/em>\n      <\/p>\n<p>Based in Joplin, MO and acquired by Live Ventures in 2016, Vintage Stock Inc. (\u201cVintage Stock\u201d) is an award-winning entertainment retailer that sells new and pre-owned movies, classic and current generation video games and systems, music on CD &amp; LP, collectible comics, books, toys, and more through a unique buy-sell-trade model. Vintage Stock sells through its 60+ retail stores and its website, allowing the company to ship product worldwide directly to the customer\u2019s doorstep.<\/p>\n<p>\n        <em>Precision Marshall<\/em>\n      <\/p>\n<p>Based in Washington, PA and acquired by Live Ventures in 2020, Precision Industries, Inc. (\u201cPrecision Marshall\u201d) is a leading manufacturer of premium steel tools and specialty alloys. Precision Marshall manufactures pre-finished decarb-free tool and die steel. For over 70 years, Precision Marshall has been known by steel distributors for its quick and accurate service and has led the industry with exemplary availability and value-added processing.<\/p>\n<p>\n        <em>Salomon Whitney<\/em>\n      <\/p>\n<p>Based in Melville, NY, and acquired by Live Ventures in 2021, Salomon Whitney LLC (\u201cSW\u201d) is a licensed broker-dealer and investment bank that offers clients a broad range of products and services, including broker retailing of corporate equity and debt securities, private placement of securities, corporate finance consulting regarding mergers and acquisition and broker retailing of U.S. government and municipal securities.<\/p>\n<p>Contact:<\/p>\n<p>Live Ventures Incorporated<br \/>Tim Matula, Investor Relations<br \/>(425) 836-9035<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=GN5kK5qB3nccSjHFCX2tRqIiCS90FkMauBa6fzMJACupAaVwE5R_HvLbWv4KlUDJQdSUh3X30JBhQQLr6AEqp1_SnoMzWp7RkwMMb0Oxhvk=\" rel=\"nofollow noopener\" target=\"_blank\">tmatula@liveventures.com<\/a><br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=5Y_KdKqNxyXJESUpjhRtEjIBGSD2NmHhz_B4S0jT618_b_ubJd1ojyrCAWEImqgMWy3YRGSRbwtU8h1a02sAWA_lk45JpHWgzS5-ieTwBC8=\" rel=\"nofollow noopener\" target=\"_blank\">http:\/\/liveventures.com<\/a><br \/>Source: Live Ventures Incorporated<\/p>\n<p \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODMwMjI1NyM0MzM5ODkxIzIwMjY4NjE=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/f23e0278-175c-4d5c-8132-85cdfc1f3b4e\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>LAS VEGAS, Aug. 04, 2021 (GLOBE NEWSWIRE) &#8212; Live Ventures Incorporated (Nasdaq: LIVE), a diversified holding company, announced that after a nearly four-year investigation, the SEC has filed charges against the company. The company categorically denies all charges and will vigorously defend itself.\u00a0 The company asserts that the SEC\u2019s pursuit of this matter will not result in any benefit to investors and instead will only serve as a distraction from core business. Live Ventures has enlisted the representation of highly experienced and respected attorney John Hueston of the law firm Hueston Hennigan. Mr. Hueston\u2019s biography can be found here: https:\/\/www.hueston.com\/attorney\/john-c-hueston\/. The company looks forward to its day in court and vindication at trial. About Live Ventures Live Ventures Incorporated (Nasdaq: &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/live-ventures-denies-all-sec-allegations-and-will-vigorously-defend-itself-in-court\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Live Ventures Denies All SEC Allegations and Will Vigorously Defend Itself in Court&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-523048","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Live Ventures Denies All SEC Allegations and Will Vigorously Defend Itself in Court - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/live-ventures-denies-all-sec-allegations-and-will-vigorously-defend-itself-in-court\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Live Ventures Denies All SEC Allegations and Will Vigorously Defend Itself in Court - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"LAS VEGAS, Aug. 04, 2021 (GLOBE NEWSWIRE) &#8212; Live Ventures Incorporated (Nasdaq: LIVE), a diversified holding company, announced that after a nearly four-year investigation, the SEC has filed charges against the company. The company categorically denies all charges and will vigorously defend itself.\u00a0 The company asserts that the SEC\u2019s pursuit of this matter will not result in any benefit to investors and instead will only serve as a distraction from core business. Live Ventures has enlisted the representation of highly experienced and respected attorney John Hueston of the law firm Hueston Hennigan. Mr. Hueston\u2019s biography can be found here: https:\/\/www.hueston.com\/attorney\/john-c-hueston\/. The company looks forward to its day in court and vindication at trial. 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The company categorically denies all charges and will vigorously defend itself.\u00a0 The company asserts that the SEC\u2019s pursuit of this matter will not result in any benefit to investors and instead will only serve as a distraction from core business. Live Ventures has enlisted the representation of highly experienced and respected attorney John Hueston of the law firm Hueston Hennigan. Mr. Hueston\u2019s biography can be found here: https:\/\/www.hueston.com\/attorney\/john-c-hueston\/. The company looks forward to its day in court and vindication at trial. About Live Ventures Live Ventures Incorporated (Nasdaq: &hellip; Continue reading \"Live Ventures Denies All SEC Allegations and Will Vigorously Defend Itself in Court\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/live-ventures-denies-all-sec-allegations-and-will-vigorously-defend-itself-in-court\/","og_site_name":"Market Newsdesk","article_published_time":"2021-08-04T12:33:52+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODMwMjI1NyM0MzM5ODkxIzIwMjY4NjE=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/live-ventures-denies-all-sec-allegations-and-will-vigorously-defend-itself-in-court\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/live-ventures-denies-all-sec-allegations-and-will-vigorously-defend-itself-in-court\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Live Ventures Denies All SEC Allegations and Will Vigorously Defend Itself in Court","datePublished":"2021-08-04T12:33:52+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/live-ventures-denies-all-sec-allegations-and-will-vigorously-defend-itself-in-court\/"},"wordCount":530,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/live-ventures-denies-all-sec-allegations-and-will-vigorously-defend-itself-in-court\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODMwMjI1NyM0MzM5ODkxIzIwMjY4NjE=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/live-ventures-denies-all-sec-allegations-and-will-vigorously-defend-itself-in-court\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/live-ventures-denies-all-sec-allegations-and-will-vigorously-defend-itself-in-court\/","name":"Live Ventures Denies All SEC Allegations and Will Vigorously Defend Itself in Court - 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