Company Website:
http://www.ksfcounsel.com
NEW ORLEANS -- (Business Wire)
Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney
General of Louisiana, Charles C. Foti, Jr., remind investors that they
have until January 9, 2017 to file lead plaintiff applications in
a securities class action lawsuit against InfuSystem Holdings, Inc.
(NYSE MKT: INFU), if they purchased the Company’s securities between May
12, 2015 and November 7, 2016, inclusive (the “Class Period”). 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 InfuSystem 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, call toll-free at 1-877-515-1850 or email KSF Managing Partner
Lewis Kahn (lewis.kahn@ksfcounsel.com).
If you wish to serve as a lead plaintiff in this class action, you must
petition the Court by January 9, 2017.
About the Lawsuit
InfuSystem and certain of its executives are charged with failing to
disclose material information during the Class Period, violating federal
securities laws.
The alleged false and misleading statements and omissions include, but
are not limited to, that: (i) InfuSystem lacked effective internal
control over financial reporting; (ii) InfuSystem’s financial statements
dating back to the beginning of 2015 overstated the estimated accounts
receivable collections which in turn overstated revenues and pre-tax
income by a corresponding amount; (iii) InfuSystem’s financial
statements dating back to the beginning of 2015 could no longer be
relied upon; and (iv) as a result of the foregoing, the InfuSystem’s
financial statements were materially false and misleading at all
relevant times.
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: http://www.businesswire.com/news/home/20161209005793/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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