Areas of Practice
Kahn Swick & Foti prosecutes lawsuits on behalf of institutional and individual clients for stock fraud. The firm sues corporations who issue materially false and misleading statements to investors about the company’s financial condition and/or business prospects, thereby artificially inflating 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.
Kahn Swick & Foti prosecutes shareholder derivative suits in state and federal courts when corporate boards breach their fiduciary duties owed to the company. These actions encompass the business judgment rule, corporate waste, executive compensation, failing to disclose non-arm length transactions between insiders and the company, and other corporate governance matters.
Kahn Swick & Foti represents institutional and individual clients in lawsuits regarding Mergers & Acquisitions and “Going Private” transactions. In such cases, shareholders are deprived of fair value when shares are bought by companies for below market valuations, or are provided insufficient disclosures concerning terms of the transaction. Our lawyers can help investors pursue appraisal rights and demand fair value.
Whistleblowers are the unheralded heroes of the investment community, often risking career and reputation to report illegal conduct to do the right thing in the face of corporate fraud. If you have information about a fraud and are considering becoming a whistleblower, we can help you make a compelling case to authorities, protect yourself from retaliation and recover a share of the money that the government receives.
Kahn Swick & Foti has vast experience achieving settlements of hundreds of millions of dollars against companies large and small. We litigate class as well as individual actions to recover damages for clients who are the victims of unfair, fraudulent and deceptive acts and practices.