Live Ventures Incorporated Announces Lawsuits Against Ameritrade, E*trade and Charles Schwab for Improper Trading of Its Stock

LAS VEGAS, April 14, 2016, LIVE, /PRNewswire/ Live Ventures Incorporated (NASDAQ: LIVE) ( Live Ventures or the Company ), a diversified holding company, today announced it has filed a lawsuit in New York State Court against Ameritrade, Inc., E*trade Securities, LLC and Charles Schwab & Co. Inc. seeking discovery and further information regarding the trading activity in the Company s stock. The Company has become aware of a significant share imbalance between the shares reported to be held in the Depository Trust and Clearing Corporation (DTCC), which is the location broker dealers report their holdings, and the shares reported to Broadridge Financial Solutions to be held by the broker dealer s customers.  This share imbalance is substantial and is indicative of improper and illegal trading activity in the Company s stock.  The Company is committed to investigating and taking appropriate action to protect the Company and its bona fide shareholders from such improper activities. Live
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