SOUTHERN COMPANY SHAREHOLDER ALERT BY FORMER LOUISIANA

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
322
SOUTHERN COMPANY SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against The Southern Company – (SO)

NEW ORLEANS, March 17, 2017 (GLOBE NEWSWIRE) -- Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., reminds investors that they have until March 24, 2017 to file lead plaintiff applications in a securities class action lawsuit against The Southern Company (NYSE: SO ), if they purchased the Company’s shares between April 25, 2012 and October 29, 2013, inclusive (the “Class Period”).  The action is pending in United States District Court for the Northern District of Georgia. 

What You May Do

If you purchased shares of Southern Company 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 March 24, 2017 .

About the Lawsuit

Southern Company and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws. 

On October 30, 2013, Southern Company announced its third quarter 2013 financial results, disclosing an after-tax charge of $93 million “related to increased cost estimates for the construction” of a "clean coal" plant to be built in Kemper County, Mississippi (the "Kemper Plant") by its subsidiary, Mississippi Power.  Southern Company also disclosed in an earnings conference call the same day that the in-service date for the Kemper Plant would be delayed until year-end 2014.

On this news, the price of Southern Company’s shares 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

Scroll down for more posts ▼

Top 10 Most Recent News Articles

CPC Biotech Debuts Quattroflow HTX Pump Drive

Updated Category News Views 165

Innovative Moves in Bioprocessing Let's get one thing clear right off the bat—CPC Biotech, part of Dover (NYSE: DOV), just sent a signal loud and clear with their new Quattroflow HTX all-in-one pump drive. With a slick touchscreen, flexible control options, and self-touting accuracy, this thing sounds like it's set to change the game for biopharmaceutical processing....

Continue Reading
Eligible Inc Earns X12 Certification, Boosting Efficiency

Updated Category News Views 34

Highlighting a Key Milestone for Eligible Inc Eligible Inc, that name might not mean much to your average Jane or Joe, but in the inner circles of healthcare administration, it's making serious waves. On November 12, 2026, they proudly announced bagging the X12 Certification Seals for pivotal operations. This ain't just the company handing out participation...

Continue Reading
New Intubation Blade: A Potential Game-Changer in EMS

Updated Category News Views 24

Streamlining Emergency Medical Procedures A seasoned paramedic from Norfolk, Virginia, with a knack for solving practical problems, has devised a tool that could revolutionize the emergency medical field: the Dual Purpose Intubation Blade. This innovation is not just about simplifying the intubation process; it’s about taking a massive step forward in how emergency...

Continue Reading
AllianceBernstein Funds Switch to PricewaterhouseCoopers

Updated Category News Views 58

A Shift in the Financial Landscape for Two Funds Well, folks, there's a fresh shake-up in the accounting world for AllianceBernstein's high-profile closed-end funds. The AllianceBernstein Global High Income Fund (NYSE: AWF) and the AllianceBernstein National Municipal Income Fund (NYSE: AFB) have decided to swap out their independent auditors. They've elected...

Continue Reading
Keurig Dr Pepper's Bold $2B Offering: Strategic Shift

Updated Category News Views 90

Strategic Moves Behind KDP's $2 Billion Offering Walking through all this, Keurig Dr Pepper (NASDAQ:KDP) has set the stage for something big. Yeah, I'm talking about a hefty $2 billion underwritten public offering. It's one of those moves where you're either shaking your head in confusion or nodding in cautious approval. With the coffee behemoth taking this step, let's...

Continue Reading
Adecco's Growth Spurs Profit and Debt Reduction

Updated Category News Views 71

Adecco's Steady Growth and Profitability Adecco Group is putting on a clinic in turning growth momentum into profitability. This isn't your garden-variety earnings report. We're looking at some solid financial maneuvers here, folks. They whipped up a tasty cocktail of operating leverage and margin expansion that's hard to ignore, especially if you're in the market looking...

Continue Reading
VTech's Revenue Jump: Profit Margins Slip Amid Cost Surge

Updated Category News Views 17

Charting VTech's Financial Waters Well, here we are – another chapter in the saga of VTech, the electronic learning product titan. This time, they've danced a jig of higher revenues, a sweet 5.6% jump to $1,046.9 million for the six months leading to September 2026. But hang on, the party's not all balloons and confetti. Profit margins? They're bobbing like a ship in a...

Continue Reading
Alliant's Ritchie Earns Titan 100 Honor—A Leader's Impact

Updated Category News Views 25

Ritchie's Recognition: An Ongoing Leadership Journey When leadership is genuine, it resonates through the ranks all the way to the community. That's exactly what Meredith Ritchie, EVP at Alliant Credit Union, has been doing—and it shows as she nabs the Chicago Titan 100 accolade yet again in 2027. These folks at Titan 100 don’t hand out participation trophies;...

Continue Reading
ACR Poker's $20M OSS Series: A High-Stakes Arena

Updated Category News Views 103

The Big Poker Showdown Now, this is more like it. ACR Poker's $20 million guaranteed Online Super Series (OSS) is back in town, turning the virtual felt into a battlefield. We're talking a lineup that's more stacked than the chips at a high-stakes table. This series is running from November 8–24, and it's not just about the cash. They've thrown in over $77,000 in...

Continue Reading
Automatic Trash Cans: A Game-Changer for Households

Updated Category News Views 25

Tired of Wrestling with Trash Cans? You'd think in this high-tech era, someone would've cracked the code on trash day drudgery. Well folks, the TRASH HAULER might just be the answer. Created by an inventive mind from Manhattan, Kansas, this gizmo is out to revolutionize the way we handle our garbage—by doing the heavy lifting for us on pickup day. The Idea Behind TRASH...

Continue Reading

Top 5 Most Recently Viewed Articles

Bombardier Celebrates First Challenger 3500 Deliveries

Updated Category News Views 339

Landmark Deliveries of the Challenger 3500 Bombardier proudly announces a significant achievement with the beginning of deliveries of three state-of-the-art Challenger 3500 aircraft to Aloula Aviation. This event marks a milestone as these are the first Challenger 3500 aircraft registered in Saudi Arabia, showcasing Bombardier's dedication to enhancing global aviation....

Continue Reading
Glenn Fleischman Takes Charge as aytm's Chief Revenue Officer

Updated Category News Views 209

Glenn Fleischman Takes Charge as aytm's Chief Revenue Officer aytm, a premier agile consumer insights platform for notable brands and organizations, is excited to announce the appointment of Glenn Fleischman as their new Chief Revenue Officer (CRO). This strategic move aims to boost growth and reinforce the company's leading position in the realm of agile market research....

Continue Reading
Class Action Alert for Bitfarms Ltd. Shareholders – Act Now

Updated Category News Views 138

Attention Bitfarms Ltd. Shareholders Bitfarms Ltd. (NASDAQ: BITF) has been entangled in controversy, leading to a class action that affects many investors. If you acquired shares during a significant time period, it is crucial to be informed about your options and potential next steps. This article serves as an informative guide for those impacted by the fluctuations in...

Continue Reading
Lawsuit Filed Against University Park Church Over Abuse Claims

Updated Category News Views 394

Legal Action Initiated Against University Park Church Andreozzi + Foote has recently initiated a significant legal action against the University Park Church of Christ, marking an important chapter in the quest for justice for survivors of sexual abuse. This lawsuit, lodged in the Prince George's County Circuit Court, focuses on distressing claims regarding the church's...

Continue Reading
Savaria Corporation Declares New Monthly Dividend Payment

Updated Category News Views 170

Savaria Corporation's Monthly Dividend Announcement Savaria Corporation (TSX: SIS), a leader in the accessibility industry, has recently made an exciting announcement regarding its monthly dividend policy. The company declared a dividend of 4.67 cents ($0.0467) per common share, highlighting its dedication to delivering value to its shareholders. Details of the Dividend...

Continue Reading