IMPORTANT SHAREHOLDER NOTICE: Khang & Khang LLP Announces an Ongoing Investigation of Claims against KLX, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

IRVINE, Calif.--(BUSINESS WIRE)--Khang & Khang LLP announces that it is investigating claims of potential misrepresentations by KLX, Inc. (“KLX” or the “Company”) (Nasdaq: KLXI). The investigation focuses on whether the Company and its officers violated securities laws by issuing misleading information to investors.

If you purchased shares of KLX during the Class Period, please contact Joon M. Khang, Esquire, of Khang & Khang, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949) 419-3834, or by e-mail at joon@khanglaw.com.

There has been no class certification in this case. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member.

The investigation will focus on whether 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.

If you wish to learn more about this lawsuit, or if you have any questions concerning this notice or your rights, please contact Joon M. Khang, a prominent litigator for almost two decades, by telephone: (949) 419-3834, or by e-mail at joon@khanglaw.com.

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