Governance & Derivative

Cisco Systems, Inc. (NasdaqGS: CSCO)

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 Cisco Systems, Inc. (NasdaqGS: CSCO).

On February 17, 2021, the Company disclosed that it was conducting an investigation into allegations of a “self-enrichment scheme” by former employees in China involving funds directed to third parties, including employees of state-owned enterprises.

KSF’s investigation is focusing on whether Cisco’s officers and/or directors breached their fiduciary duties to Cisco’s 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 Cisco 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 (lewis.kahn@ksfcounsel.com), or fill out the form on this page.