IMPORTANT SHAREHOLDER NOTICE: Goldberg Law PC Announces Securities Class Action Lawsuit against KLX Inc. And Encourages Inves...

Goldberg Law PC (www.Goldberglawpc.com) announces that a class action lawsuit has been filed against KLX Inc. (“KLX” or the “Company”) (Nasdaq: KLXI). Investors who purchased or otherwise acquired shares between March 9, 2015 and November 11, 2015, (the “Class Period”), are encouraged to contact the firm in advance of the March 7, 2016 lead plaintiff motion deadline.

If you are a shareholder who suffered a loss during the Class Period, we advise you to contact Michael Goldberg or Brian Schall, of Goldberg Law PC, 13650 Marina Pointe Dr. Suite 708, Marina Del Rey, CA 90292, at 800-977-7401, to discuss your rights without cost to you. You can also reach us through the firm’s website at http://www.Goldberglawpc.com, or by email at [e-mail].

The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the complaint, the Company issued materially false and misleading statements to investors and/or failed to disclose the value of the KLX’s identifiable intangible assets and goodwill associated with KLX’s Energy Services Group, as well as its policies and methodology related to the calculation of risk, goodwill, and asset impairment.

Goldberg Law PC represents shareholders around the world and specializes in securities class actions and shareholder rights litigation.

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

View source version on businesswire.com: http://www.businesswire.com/news/home/20160208006141/en/

Goldberg Law PC, Los AngelesMichael Goldberg, Esq., 800-977-7401Brian Schall, Esq., [e-mail]