AT&T 72 HOUR DEADLINE ALERT: Approximately 72 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 AT&T, Inc. - T
NEW ORLEANS--(BUSINESS WIRE)--May 28, 2019--
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 May 31, 2019 to file lead plaintiff applications in a securities class action lawsuit against AT&T, Inc. (NYSE: T). Investor losses must relate to purchases of the Company’s 1) securities between October 22, 2016 and October 24, 2018, inclusive (the “Class Period”) and/or 2) shares issued in connection with its June 2018 acquisition of Time Warner. This action is pending in the United States District Court for the Southern District of New York.
What You May Do
If you purchased AT&T securities and would like to discuss your legal rights and how this case might affect 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 ( firstname.lastname@example.org ), or visit https://www.ksfcounsel.com/cases/nyse-t/ 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 May 31, 2019.
About the Lawsuit
On October 24, 2018, following AT&T’s June 2018 acquisition of Time Warner, the Company disclosed its 3Q2018 results for the first full quarter post-acquisition that included significant decreases in traditional DirecTV and DirecTV Now subscribers, despite its prior statements touting the expected subscriber growth potential. On this news, the price of AT&T’s shares fell nearly 12%
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/20190528005824/en/
CONTACT: Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
KEYWORD: UNITED STATES NORTH AMERICA LOUISIANA
INDUSTRY KEYWORD: TECHNOLOGY TELECOMMUNICATIONS PROFESSIONAL SERVICES LEGAL
SOURCE: Kahn Swick & Foti, LLC
Copyright Business Wire 2019.
PUB: 05/28/2019 10:50 PM/DISC: 05/28/2019 10:50 PM