WASHINGTON, Oct. 22, 2015 (GLOBE NEWSWIRE) -- Cohen Milstein Sellers & Toll PLLC is conducting an investigation to determine whether LSB Industries, Inc. ("LSB" or the "Company") and certain of its officers and directors made false and misleading statements and/or omissions in violation of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.

A class action lawsuit was filed in the U.S. District Court for the Southern District of New York by another law firm on behalf of purchasers of the common stock of LSB Industries, Inc. (NYSE:LXU) between May 8, 2015 and August 7, 2015, inclusive (the "Class Period").

The complaint alleges that LSB and certain of its officers and directors ("Defendants") misrepresented and/or failed to disclose that: (1) the Company's costs related to the expansion of its El Dorado Facility would be significantly higher than reported; and, (2) as a result of the foregoing, the Company's statements about its business, operations, and prospects, were false and misleading and/or lacked a reasonable basis.

The claims in this case followed the drop in LSB shares on August 7, 2015, in response to the Company's release of second quarter results that were below analysts' expectations, due in part to a significant increase in the estimated cost to complete its El Dorado facility in Arkansas.  The price of LSB shares fell from $35.10 to $23.01 on August 7.

Cohen Milstein encourages all investors who purchased LSB common stock between May 8, 2015 and August 7, 2015, or former employees with information concerning this matter to contact the firm.

If you are an LSB shareholder and would like to discuss your right to recover for your economic loss, you may, without any cost or obligation, call Cohen Milstein's Managing Partner, Steven J. Toll at (888) 240-0775 or (202) 408-4600, or email him at stoll@cohenmilstein.com. If you wish to serve as lead plaintiff, you must move the Court no later than November 24, 2015 to request appointment. Any member of the proposed class may retain Cohen Milstein or other attorneys to serve as your counsel in this action, or you may do nothing and remain an absent class member.

Cohen Milstein has significant experience in prosecuting investor class actions and actions involving securities fraud, and is active in major litigation pending in federal and state courts throughout the nation. Cohen Milstein has taken a lead role in numerous important cases on behalf of defrauded investors, and has been responsible for a number of outstanding recoveries which, in the aggregate, total over two billion dollars. Prior results do not guarantee a similar outcome. For more information visit www.cohenmilstein.com.

If you have any questions about this notice or the action, or with regard to your rights, please contact either of the following:

CONTACT: Steven J. Toll, Esq.
         Rhys Tucker
         Cohen Milstein Sellers & Toll PLLC
         1100 New York Avenue, N.W.
         West Tower, Suite 500
         Washington, D.C. 20005
         Telephone:  (888) 240-0775 or (202) 408-4600
         Email:  stoll@cohenmilstein.com; rtucker@cohenmilstein.com
         
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