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- 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 continues its investigation into Facebook, Inc. (NasdaqGS: FB).
On September 13, 2021 , The Wall Street Journal reported that the Company utilizes a social media monitoring system, purportedly to act as a quality control measure, but in reality, operated as a "whitelist" that "shields millions of VIPs from the company's normal enforcement" procedures allowing high-profile users to make harassing and abusive postings on the social network without penalty.
KSF's investigation is focusing on whether Facebook's officers and/or directors breached their fiduciary duties to Facebook'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 Facebook 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-fb/ to learn more.
About Kahn Swick & Foti, LLC
KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr. , is one of the nation's premier boutique securities litigation law firms. KSF serves a variety of clients – including public institutional investors, hedge funds, money managers and retail investors – in seeking to recover investment losses due to corporate fraud and malfeasance by publicly traded companies. KSF has offices in New York , California , Louisiana and New Jersey .
To learn more about KSF, you may visit www.ksfcounsel.com .
Contact:
Kahn Swick & Foti, LLC
Lewis Kahn , Managing Partner
lewis.kahn@ksfcounsel.com
1-877-515-1850
1100 Poydras St., Suite 3200
New Orleans , LA 70163
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SOURCE Kahn Swick & Foti, LLC
