NICHOLAS FINANCIAL SHAREHOLDER ALERT BY FORMER LOUISIANA

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
NICHOLAS FINANCIAL SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Reminds Investors with Large Financial Interests of Lead Plaintiff Deadline in Class Action Lawsuit Against Nicholas Financial Inc. - NICK

NEW ORLEANS, Feb. 10, 2014 (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 until April 11, 2014 to file lead plaintiff applications in a securities class action lawsuit against Nicholas Financial Inc. (Nasdaq: NICK ), on behalf of holders of its common stock as of December 18, 2013. This action is pending in the United States District Court for the Middle District of Florida.

What You May Do

If you purchased stock of Nicholas Financial 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 ) or KSF Partner Melinda Nicholson ( melinda.nicholson@ksfcounsel.com ). If you wish to serve as a lead plaintiff in this class action, you must petition the Court by April 11, 2014 .

About the Lawsuit

Nicholas Financial's Board of Directors, Prospect Capital Corporation, and certain of its affiliates (collectively, "Prospect Capital") are charged with issuing materially false and misleading statements in connection with the proposed acquisition of Nicholas Financial by Prospect Capital.

On December 18, 2013, Nicholas Financial announced that it had entered into an agreement by which Prospect Capital will acquire Nicholas Financial. On January 14, 2014, Nicholas Financial filed a Registration Statement with the SEC, which allegedly omits and/or misrepresents material information regarding the expected value Nicholas Financial's shareholders would gain in the merger and the valuation methodologies used by Nicholas Financial's financial advisor in its fairness opinion for the Board, in violation of federal securities laws.

About Kahn Swick & Foti, LLC

To learn more about KSF, whose partners include the Former Louisiana Attorney General, Charles C. Foti, Jr., and other lawyers with significant experience litigating complex securities class actions nationwide on behalf of both institutional and individual shareholders, you may visit www.ksfcounsel.com .

Kahn Swick & Foti, LLC Lewis Kahn, Managing Partner Melinda Nicholson, Partner 1-877-515-1850 206 Covington St. Madisonville, LA 70447

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Infosys Award Recognizes Global Banking Innovation 2026

Updated Category News Views 55

Championing Banking Innovations Globally If there's one thing you can count on in the financial world, it's innovation pushing the boundaries of how we bank. The 13th edition of the Qorus-Infosys Finacle Banking Innovation Awards has once again proven that innovation is not just a buzzword but a real, transformative force in the global banking landscape. This year, they...

Continue Reading
5W Lauded by Inc.'s Power Partner Awards in 2026

Updated Category News Views 72

5W's Ascent in the PR World Who'd have thought a PR firm would bask in the limelight like this? 5W, a key player in the public relations jungle, is bagging recognition from Inc.'s Power Partner Awards this year. These awards aren't handed out like free samples; they're a shoutout to those who truly matter to businesses aiming for the stars. A Powerhouse of Visibility and...

Continue Reading
Coffee Bean Brews Up Nostalgia with Tiramisu Treats

Updated Category News Views 124

Pouring Old Favorites: The Tiramisu Return When the aromas of coffee and nostalgia waft through the air, it's often a sign that The Coffee Bean & Tea Leaf® is brewing something special. This year, they've decided to double down on the holiday cheer by reintroducing their wildly popular Tiramisu beverage. This ain't just your run-of-the-mill coffee drink—it's a full-on...

Continue Reading
MUFG Debuts VAM for Streamlined Treasury Ops

Updated Category News Views 0

MUFG's Bold Move into Digital Liquidity Alright, let's dive into MUFG's latest shake-up, and boy, it's no small fry. This Japanese financial giant's got its eyes set on transforming how businesses handle their cash with what they're calling Virtual Account Management, or VAM - a fancy name for a digital liquidity tool that's looking to cut the clutter of multiple bank...

Continue Reading
Marc Ryan Joins ABCS Insights as Chief Product Officer

Updated Category News Views 16

Shaping the Future of Advertising Effectiveness In the ever-evolving ad measurement arena, where understanding what works can make or break a company, ABCS Insights has tossed a game-changing hat into the ring. They've just announced Marc Ryan as their new Chief Product Officer. Now, I’ve seen seasoned execs shuffle seats countless times, but this one’s...

Continue Reading
LG Energy Sparks Global Innovation with BIC 2026

Updated Category News Views 54

Innovating Beyond Boundaries with LG Energy The world of battery tech is on fire, and LG Energy Solution is fanning the flames with their Battery Innovation Contest 2026 (BIC 2026). From October 29 to December 6, 2026, universities and research hives across the globe are being beckoned to pour their battery brilliance into this contest. These aren't just any research...

Continue Reading
HERVolution's HERV-K Antigens: A Cancer Breakthrough?

Updated Category News Views 81

Digging into HERVolution's Game-Changing Data Picture HERVolution in the spotlight, rolling out data that could shake up our approach to cancer immunotherapy. The big headline? HERV-K antigens might just be the whistle-blower we've been looking for to get the immune system off the bench and onto the field. How's that for a kick in the conventional wisdom of cancer...

Continue Reading
Meritus Health Adopts Sectra's Cloud for Radiology Boost

Updated Category News Views 24

Meritus' Bold Move into the Cloud Jumping headlong into the tech game, Meritus Health has teamed up with Sectra to harness their One Cloud solution. This isn't just a plug-and-play deal; it's a strategic bet to overhaul how radiology is done. Do you know the kind of back-and-forth it takes to get a diagnostic image these days? Too much, if you ask me. Meritus is going...

Continue Reading
Wabi's $1.25B Valuation: A New Era for AI?

Updated Category News Views 24

A Major Milestone for Wabi Well, here we go—Wabi, the brainchild of Eugenia Kuyda, is stirring the pot with a massive $55 million funding round, pulling its valuation up to a hefty $1.25 billion. If you're raising eyebrows at that price tag, you’re not alone. It's a big number riding on an even bigger idea: that AI isn't just for solitary chats anymore, but for...

Continue Reading
EDB Enhances Postgres with Horizontal Scaling Preview

Updated Category News Views 6

EDB's Ambitious Move Into Seamless Data Growth Right out of Wilmington, Delaware, EnterpriseDB (EDB) is sowing the seeds for a seismic change in how enterprises juggle their data systems. With 86% of the top brass anticipating AI data systems becoming top-tier indispensable, the unveiling of EDB’s horizontal scaling for their Postgres AI Distributed is a tune you just...

Continue Reading

Top 5 Most Recently Viewed Articles

Legal Action Looms for Agenus Inc. Investors Over Fraud Claims

Updated Category News Views 67

Legal Action Looms for Investing in Agenus Inc. Agenus Inc. (NASDAQ: AGEN) has found itself at the center of a potential class action lawsuit, with its investors facing critical developments that could impact their financial standing. Investors who purchased shares during the defined class period are reminded of the essential deadlines to ensure their eligibility in...

Continue Reading
Colette Stevenson Discusses CCP and Its Impact on Real Estate

Updated Category News Views 322

Insights from Colette Stevenson on the Clear Cooperation Policy In a recent discussion, Colette Stevenson, the CEO of REsides, shared her insights on the hot topic surrounding the Clear Cooperation Policy (CCP) that is causing much debate in the real estate industry. Recently, major platforms like Zillow and Redfin have made the significant move to ban private listings,...

Continue Reading
Saudi Arabia's COP16: Pioneering Initiatives for Land Restoration

Updated Category News Views 96

Saudi Arabia's Bold Move at COP16 For the first time in history, the United Nations Convention to Combat Desertification (UNCCD) Conference of the Parties (COP) will feature a distinctive green zone and thematic days under Saudi Arabia's COP16 presidency. This innovative program is aimed at mobilizing global action to combat pressing issues like land degradation and...

Continue Reading
MetaEra Introduces the CryptoFi Forum Hong Kong Brand

Updated Category News Views 158

MetaEra's Vision for the Future of Crypto Finance Strategically aimed at enhancing dialogue and collaboration in the crypto finance sector, MetaEra recently introduced the prestigious 'CryptoFi Forum Hong Kong'. This brand is set to facilitate discussions among diverse stakeholders, aiming to propel the industry forward. Forging Connections in a Growing Industry The...

Continue Reading
Urban Growers Collective Sets Path for Future Growth and Impact

Updated Category News Views 139

Urban Growers Collective's 2021-2024 Impact Report Overview Community support sets the stage for UGC's bold 2026 growth Urban Growers Collective (UGC) is a Black–woman–led nonprofit dedicated to solutions for food accessibility and economic opportunity. The organization has released the 2021-2024 Impact Report, which highlights substantial initiatives aimed at...

Continue Reading