NEW ORLEANS–(BUSINESS WIRE)–Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General
of Louisiana, Charles C. Foti, Jr., remind investors that they have until
May 31, 2019 to file lead plaintiff
applications in a securities class action lawsuit against AT&T, Inc.
(NYSE: T), if they purchased 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 as detailed above and would like to
discuss your legal rights and how this case might affect you and 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 (email@example.com),
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, you must petition the Court by May 31,
About the Lawsuit
AT&T and certain of its executives are charged with failing to disclose
material information during the Class Period, violating federal
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%.
The case is Gross v. AT&T Inc. et al, 19-cv-2892.
About Kahn Swick & Foti, LLC
KSF, whose partners include 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.
Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner