CAMPBELL SOUP 96 HOUR DEADLINE ALERT: Approximately 96 Hours Remain; Former Louisiana Attorney General and Kahn Swick & Foti, LLC Remind Investors With Losses in Excess Of $100,000 of Deadline in Class Action Lawsuit Against Campbell Soup Company-CPB

November 24, 2018

NEW ORLEANS--(BUSINESS WIRE)--Nov 23, 2018--Kahn Swick & Foti, LLC (“KSF”) and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors with large financial interests that they have only until November 27, 2018 to file lead plaintiff applications in a securities class action lawsuit against Campbell Soup Company (NYSE: CPB). Investor losses must relate to purchases of the Company’s shares between August 31, 2017 and May 17, 2018. 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 Campbell 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, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email ( lewis.kahn@ksfcounsel.com ), or visit https://www.ksfcounsel.com/cases/nyse-cpb/ to learn more. If you wish to serve as a lead plaintiff in this class action by overseeing lead counsel with the goal of obtaining a fair and just resolution, you must request this position by application to the Court by November 27, 2018.

About the Lawsuit

On May 18, 2018, the Company disclosed disappointing financial results, for the third straight quarter, including the poor performance of its Campbell Fresh division that forced it to take a $619 million pre-tax non-cash impairment charge, a $19 million quarterly loss for the division, further revisions to its fiscal year 2018 earnings guidance, and that the Company’s CEO was stepping down immediately. On this news, the price of Campbell’s shares plummeted.

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.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181123005256/en/

CONTACT: Kahn Swick & Foti, LLC

Lewis Kahn, 1-877-515-1850

Managing Partner




SOURCE: Kahn Swick & Foti, LLC

Copyright Business Wire 2018.

PUB: 11/23/2018 10:50 PM/DISC: 11/23/2018 10:50 PM


Update hourly