NEW ORLEANS--(BUSINESS WIRE)--
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 Live Ventures Incorporated (NasdaqCM: LIVE).
On January 6, 2017, Seeking Alpha published an article alleging that Live Ventures paid as much as $2 million to stock promoters to hype the Company, that some of these promoters also touted the now-imploded fraudulent company Forcefield Energy, and that Live Ventures created “earnings” via multiple one time discretionary accounting gains, a misleading tactic to inflate earnings and cash values in its financial statements.
On this news, the price of Live Ventures’ shares plummeted.
If you are a Live Ventures shareholder and have suffered losses, 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).
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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170110006485/en/
