FACEBOOK INVESTIGATION CONTINUED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of Facebook, Inc. – FB
PR Newswire
NEW ORLEANS
,
Nov. 5, 2021
/PRNewswire/ — 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 continues its investigation into Facebook, Inc. (NasdaqGS: FB).
On
September 13, 2021
,
The Wall Street Journal
reported that the Company utilizes a social media monitoring system, purportedly to act as a quality control measure, but in reality, operated as a “whitelist” that “shields millions of VIPs from the company’s normal enforcement” procedures allowing high-profile users to make harassing and abusive postings on the social network without penalty.
KSF’s investigation is focusing on whether Facebook’s officers and/or directors breached their fiduciary duties to Facebook’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 Facebook 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 (
[email protected]
), or visit
to learn more.
About Kahn Swick & Foti, LLC
KSF, whose partners include former
Louisiana
Attorney General
Charles C. Foti, Jr.
, is one of the nation’s premier boutique securities litigation law firms. KSF serves a variety of clients – including public institutional investors, hedge funds, money managers and retail investors – in seeking to recover investment losses due to corporate fraud and malfeasance by publicly traded companies. KSF has offices in
New York
,
California
,
Louisiana
and
New Jersey
.
To learn more about KSF, you may visit
www.ksfcounsel.com
.
Contact:
Kahn Swick & Foti, LLC
Lewis Kahn
, Managing Partner
[email protected]
1-877-515-1850
1100 Poydras St., Suite 3200
New Orleans, LA
70163
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SOURCE Kahn Swick & Foti, LLC
