NEW ORLEANS, Sept. 22, 2019 (GLOBE NEWSWIRE) — Kahn Swick & Foti, LLC (“KSF”) and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors with losses in excess of $100,000 that they have only until September 23, 2019 to file lead plaintiff applications in a securities class action lawsuit against National General Holdings Corp. (NasdaqGM: NGHC). Investor losses must relate to purchases of the Company’s shares between August 6, 2015 and August 9, 2017. This action is pending in the United States District Court for the Central District of California.
What You May Do
If you purchased shares of National General 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, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email ([email protected]), or visit https://www.ksfcounsel.com/cases/nasdaqgm-nghc/ to learn more. If you wish to serve as a lead plaintiff in this class action 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 September 23, 2019.
About the Lawsuit
On August 9, 2017, the Company disclosed that it was the subject of a bipartisan congressional inquiry regarding a massive scheme with Wells Fargo to improperly require consumers to pay for “force-placed” or “lender-placed” insurance that they did not need or want, causing many individuals to suffer financial harm. On this news, the price of National General’s shares declined sharply.
The case is City of North Miami Beach Police Officers’ and Firefighters’ Retirement Plan v. National General Holdings Corp., 19-cv-6468.
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.
Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
206 Covington St.
Madisonville, LA 70447
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