NEW ORLEANS, Dec. 25, 2015 (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 January 11, 2016 to file lead plaintiff applications in a securities class action lawsuit against Checkpoint Systems Inc. (NYSE: CKP ) if they purchased the Company’s securities between March 5, 2015 and November 3, 2015, inclusive (the “Class Period”). This action is pending in the United States District Court for the District of New Jersey.
What You May Do
If you purchased shares of Checkpoint 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 ). If you wish to serve as a lead plaintiff in this class action, you must petition the Court by January 11, 2016 .
About the Lawsuit
Checkpoint and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
On November 3, 2015, Checkpoint disclosed that it discovered financial statement errors attributable to the accounting for its quarterly income tax provision. As a result of these errors, Checkpoint intended to restate certain financial statements made in its filings for the first two quarters of 2015 and announced that these financial statements that should no longer be relied upon.
On this news, the price of Checkpoint’s stock plummeted.
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.
Contact: Kahn Swick & Foti, LLC Lewis Kahn, Managing Partner lewis.kahn@ksfcounsel.com 1-877-515-1850 206 Covington St. Madisonville, LA 70447
