Kahn Swick & Foti, LLC prosecutes lawsuits on behalf of institutional and individual clients whereby a publicly traded company and certain of its officers and directors issued materially false and misleading statements to investors about the company's financial condition and/or business prospects that ultimately artificially inflated the price of the company's stock. Ultimately, investors suffer losses when the truth is finally revealed and the stock falls on such news. KSF litigates both class actions and private/opt out actions depending on the amount of a client's losses. Contact KSF now.
Current Cases
- In re Allot Communications Ltd. Securities Litigation, 1:07-cv-03455-RJH
S.D.N.Y.
Co-Lead Counsel
- In re China Sunergy Securities Litigation, 1:07-civ-7895-DAB
S.D.N.Y.
Lead Counsel
- Gooden v. Smart Online et al., 1:07-cv-785-WLO
M.D. N.C.
Co-Lead Counsel
- In re HomeBanc Corporation Securities Litigation, 1:08-cv-1461-TCB
N.D. Ga.
Co-Lead Counsel
- In re Nvidia Corporation Securities Litigation, 08-CV-4260-JW
N.D. Cal.
Co-Lead Counsel
- In re Opteum, Inc., Securities Litigation, 2:07-cv-14278-DLG
S.D. Fla.
Co-Lead Counsel
- In re ShoreTel, Inc. Securities Litigation, 3:08-cv-00271-CRB
N.D. Cal.
Lead Counsel
- In re Superior Offshore International, Inc. Securities Litigation, 4:08-cv-00687-NFA
S.D. Tex.
Lead Counsel
- In re Virgin Mobile USA IPO Litigation, 2:07-cv-05619-SDW-MCA
D. N.J.
Co-Lead Counsel
Recent Recoveries
In re BigBand Networks, Inc Securities Litigation, 3:07-CV-05101-SBA(C.D. Cal.), Co-Lead Counsel, federal securities class action brought against a computer hardware corporation, certain officers and directors of the Company, and the Company's Underwriters, resulting in a cash settlement of $11 million for shareholders.
In re U.S. Auto Parts Networks, Inc. Securities Litigation, 2:07-cv-02030-GW-JC (C.D. Cal.), Lead Counsel, federal securities IPO-related class action against an online automotive supply company, certain members of its board of directors, and its underwriters, resulting in a cash settlement of $10 million dollar settlement for shareholders.
In re Xethanol Corporation Securities Litigation, 1:06-cv-10234-HB (S.D.N.Y.), Lead Counsel, federal securities fraud class action against an ethanol production company and certain of its officers and directors, resulting in a cash settlement of $2.8 million dollar settlement for shareholders.
Mongeli v. Terayon Comm. Systems Inc. et al., 4:06-cv-03936-CW (N.D. Cal.), Co-Lead Counsel, federal securities fraud class action brought against a communications systems corporation, the Company's outside auditor, and certain officers and directors, resulting in a cash settlement of $2.73 million dollars for shareholders.