Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into Omega Protein Corporation (NYSE: OME).
On March 1, 2017, post-market, Omega revealed that in December 2016 it received a subpoena from the SEC related to an investigation of an Omega subsidiary’s compliance with its probation terms and the Company’s protection of whistleblower employees. The Company further disclosed that the investigation could result in a material adverse effect on the Company’s business, reputation, results of operation, and financial condition.
Thereafter, Omega and certain of its executives were sued in a class action lawsuit, charging them with violations of federal securities laws.
KSF’s investigation is focusing on whether Omega’s officers and/or directors breached their fiduciary duties to its shareholders or otherwise violated state or federal laws.
If you have information that would assist KSF in its investigation, or have been a long-term holder of Omega shares and would like to discuss your legal rights, you may, without obligation or cost to you, call toll-free at 1-877-515-1850 or email KSF Managing Partner Lewis Kahn (firstname.lastname@example.org).