NEW ORLEANS--(BUSINESS WIRE)--Kahn Swick & Foti, LLC (“KSF”) and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors with large financial interests that they have only until December 10, 2018 to file lead plaintiff applications in a securities class action lawsuit against Alphabet Inc. (NasdaqGS: GOOG, GOOGL). Investor losses must relate to purchases of the Company’s securities between April 23, 2018 and October 10, 2018. These actions are pending in the United States District Courts for the Eastern District of New York and Northern District of California.
What You May Do
If you purchased securities of Alphabet and would like to discuss your legal rights and how these cases 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 (lewis.kahn@ksfcounsel.com), or visit https://www.ksfcounsel.com/cases/nasdaqgs-goog/ to learn more. If you wish to serve as a lead plaintiff in this class action by overseeing lead counsel with the goal of obtaining a fair and just resolution, you must petition the Court by December 10, 2018.
About the Lawsuit
On October 8, 2018, news reports revealed that Alphabet, through its subsidiary Google, exposed the private data of users, but failed to disclose it due, in part, to fears of regulatory scrutiny and reputational damage. The Company later confirmed the glitch, discovered in March 2018, involved more than 500,000 users between 2015 and March 2018.
On this news, the price of Alphabet’s shares plummeted.
The initial case is Wicks, et al. v. Alphabet, Inc., et al., 18-cv-06245.
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.
