Company Website:
http://www.ksfcounsel.com
NEW ORLEANS -- (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 Microsoft Corporation
(NasdaqGS: MSFT).
During a period of time spanning 2010 to 2016, the Company received over
200 internal complaints filed by female workers claiming gender
discrimination or sexual harassment, according to disclosures recently
made by the Company. Further, the Company’s internal review process
resulted in a denial of approximately 93% of the claims, finding merit
in only one gender discrimination claim and 15 sexual harassment or
assault claims. The alleged culture of sexual bias and mistreatment has
been the basis of significant negative media exposure for the Company as
well as several lawsuits brought by former employees in state and
federal courts. In one such ongoing case, the plaintiffs charge that
based on data from Microsoft, discriminatory treatment cost female
workers up to $238 million in compensation and more than 500 promotions
during a four-year period, and are seeking to have the case certified as
a class action, which, if granted could potentially include more than
8000 women.
KSF’s investigation is focusing on whether Microsoft’s officers and/or
directors breached their fiduciary duties to Microsoft’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 Microsoft 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 (lewis.kahn@ksfcounsel.com),
or visit https://www.ksfcounsel.com/cases/nasdaqgs-msft/
to learn more.
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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180413005717/en/
Contacts:
Kahn Swick & Foti, LLC
Lewis Kahn, 1-877-515-1850
Managing
Partner
lewis.kahn@ksfcounsel.com
Source: Kahn Swick & Foti, LLC
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