AGRIA SHAREHOLDER ALERT by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Reminds Investors with Losses in Excess ...
November 18 2016 - 10:07PM
Business Wire
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 9, 2017 to file lead
plaintiff applications in securities class action lawsuit against
Agria Corporation (NYSE: GRO), if they purchased the Company’s
American Depositary Shares (“ADRs”) between December 16, 2011
through November 4, 2016, inclusive (the “Class Period”). This
action is pending in the United States District Court for the
District of New Jersey.
What You May Do
If you purchased shares of Agria 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, call toll-free at 1-877-515-1850 or email KSF Managing
Partner Lewis Kahn (lewis.kahn@ksfcounsel.com). If you wish to serve
as a lead plaintiff in this class action, you must petition the
Court by January 9, 2017.
About the Lawsuit
Agria and certain of its executives are charged with failing to
disclose material information during the Class Period, violating
federal securities laws.
On November 4, 2016, Agria revealed that it received a letter
from the New York Stock Exchange (“NYSE”) stating that the NYSE
decided to commence proceedings to delist Agria ADRs from the NYSE.
The NYSE’s letter further claimed that Agria: (i) through a top
executive and other intermediaries engaged in trading intended to
artificially inflate Agria’s stock price, including to improperly
avoid having the company delisted for failing to comply with NYSE’s
continued listing standards; and (ii) provided incomplete,
misleading, or false information in connection with investigations
related to these issues.
About Kahn Swick & Foti, LLC
KSF, whose partners include the Former Louisiana Attorney
General Charles C. Foti, Jr., is a law firm focused on securities,
antitrust and consumer class actions, along with merger &
acquisition and breach of fiduciary litigation against publicly
traded companies on behalf of shareholders. The firm has offices in
New York, California and Louisiana.
To learn more about KSF, you may visit www.ksfcounsel.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20161118005008/en/
Kahn Swick & Foti, LLCLewis Kahn, 1-877-515-1850Managing
Partnerlewis.kahn@ksfcounsel.com
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