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 Forestar Group, Inc. (NYSE: FOR) (“Forestar” or the “Company”) in connection with certain of Forestar’s transactions (the “Transactions”) with its controlling stockholder, D.R. Horton, Inc. (“D.R. Horton”). The purpose of KSF’s investigation is to determine whether Forestar’s officers and board of directors breached their fiduciary duties to the Company and its stockholders in connection with the potentially conflicted Transactions.
If you hold Forestar shares (NYSE: FOR), we urge you to contact KSF to discuss your legal rights, without obligation or cost to you, by calling KSF toll-free at 1-833-938-0905, or by e-mailing KSF Managing Partner, Lewis Kahn, at lewis.kahn@ksfcounsel.com.
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, Louisiana and New Jersey.
To learn more about KSF, you may visit ksfcounsel.com.
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