NEW ORLEANS, Dec. 29, 2019 (GLOBE NEWSWIRE) -- Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have only until December 30, 2019 to file lead plaintiff applications in securities class action lawsuits against Uniti Group Inc. (NasdaqGS: UNIT), if they purchased the Company’s securities between April 20, 2015 and June 24, 2019, inclusive (the “Class Period”). These actions are pending in the United States District Court for the Eastern District of Arkansas.
What You May Do
If you purchased securities of Uniti 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-unit/ to learn more. If you wish to serve as a lead plaintiff in these class actions 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 December 30, 2019.
About the Lawsuits
Uniti 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) the Company’s financial results were unsustainable because its customer Windstream had defaulted on its unsecured notes, and (ii) as a result of the foregoing, the Company’s statements about its business, operations, and prospects were materially false and misleading at all relevant times.
The first-filed case is Safadi v. Uniti Group, 19-cv-00756.
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 recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, California and Louisiana.
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
