INVESTOR ALERT: Former Louisiana Attorney General and Kahn Swick & Foti, LLC, Remind Investors With Large Financial Interests...
December 05 2012 - 5:22PM
Marketwired
Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former
Attorney General of Louisiana, Charles C. Foti, Jr., remind
investors that they have until January 29, 2013 to file lead
plaintiff applications in a securities class action lawsuit against
KIT digital, Inc. (NASDAQ: KITD), if they purchased the Company's
common stock during the period between May 19, 2009 through
November 21, 2012, inclusive (the "Class Period"). This action is
pending in the United States District Court for the Southern
District of New York.
What You May Do
If you purchased shares of KIT digital and would like to discuss
your legal rights and how this case might affect you and your right
to recover for your economic loss, you may, without obligation or
cost to you, e-mail or call KSF Managing Partner, Lewis Kahn
(lewis.kahn@ksfcounsel.com), toll free, 877-515-1850, or via cell
phone any time at 504-301-7900. If you wish to serve as a lead
plaintiff in this class action, you must petition the Court by
January 29, 2013.
About the Lawsuit
KIT digital and certain of its senior executives are charged
with issuing a series of materially false and misleading
statements, during the Class Period, in violation of federal
securities laws. These false statements and omissions included, in
part, the following: (i) the Company was suffering from deficient
internal controls and procedures; (ii) the Company had failed to
disclose its true financial and operational condition; and (iii)
the Company failed to disclose that its financial statements were
materially false and misleading.
About Kahn Swick & Foti, LLC
To learn more about KSF, whose partners include the Former
Louisiana Attorney General, Charles C. Foti, Jr., and other lawyers
with significant experience litigating complex securities class
actions nationwide on behalf of both institutional and individual
shareholders, you may visit www.ksfcounsel.com.
Contact: Kahn Swick & Foti, LLC Lewis Kahn Managing Partner
877-515-1850 or after hours via cell phone 504-301-7900
lewis.kahn@ksfcounsel.com 206 Covington St. Madisonville, LA
70447
Kit Digital (MM) (NASDAQ:KITD)
Historical Stock Chart
From Jun 2024 to Jul 2024
Kit Digital (MM) (NASDAQ:KITD)
Historical Stock Chart
From Jul 2023 to Jul 2024