LIVE VENTURES INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates Live Ventures...
January 10 2017 - 8:03PM
Business Wire
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
Live Ventures Incorporated (NasdaqCM: LIVE).
On January 6, 2017, Seeking Alpha published an article alleging
that Live Ventures paid as much as $2 million to stock promoters to
hype the Company, that some of these promoters also touted the
now-imploded fraudulent company Forcefield Energy, and that Live
Ventures created “earnings” via multiple one time discretionary
accounting gains, a misleading tactic to inflate earnings and cash
values in its financial statements.
On this news, the price of Live Ventures’ shares plummeted.
If you are a Live Ventures shareholder and have suffered losses,
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).
About Kahn Swick & Foti, LLC
KSF, whose partners include the 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.
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version on businesswire.com: http://www.businesswire.com/news/home/20170110006485/en/
Kahn Swick & Foti, LLCLewis Kahn, 1-877-515-1850Managing
Partnerlewis.kahn@ksfcounsel.com
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