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 April 9, 2019 to file lead plaintiff applications in a securities class action lawsuit against Wirecard AG (OTC: WCAGY, WRCDF). Investor losses must relate to purchases of the Company’s securities between April 7, 2016 and February 1, 2019. This action is pending in the United States District Court for the Central District of California.
What You May Do
If you purchased securities of Wirecard 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/otc-wcagy/ 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 request this position by application to the Court by April 9, 2019.
About the Lawsuit
On February 1, 2019, media sources reported that an external investigation by the Company into activities in its Singapore office had uncovered evidence of “serious offences of forgery and/or of falsification of accounts…[that] may have been carried out to conceal other misdeeds, such as cheating, criminal breach of trust, corruption and/or money laundering.”
On this news, the price of Wirecard’s shares plummeted.
The case is Dalpoggetto v. Wirecard AG, 19-cv-986
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.