SOURCE: Kahn Swick & Foti, LLC
NEW ORLEANS, LA--(Marketwired - Apr 18, 2013) - Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until June 17, 2013 to file lead plaintiff applications in a securities class action lawsuit against Autoliv, Inc. (NYSE: ALV), if they purchased the Company's securities during the period between October 26, 2010 and August 1, 2011, inclusive (the "Class Period"). This action is pending in the United States District Court for the Southern District of New York.
What You May Do
If you purchased shares of Autoliv 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, e-mail or call KSF Managing Partner Lewis Kahn (firstname.lastname@example.org) or KSF Partner Melinda Nicholson (email@example.com) toll free at 1-877-515-1850. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by June 17, 2013.
About the Lawsuit
Autoliv and certain of its executives are charged with engaging in wrongful anti-competitive business practices with other automotive industry suppliers, during the Class Period, in violation of federal securities laws.
On June 6, 2012, the United States Department of Justice announced that Autoliv had agreed to plead guilty to price fixing of automobile parts installed in U.S. cars and to pay a $14.5 million criminal fine and that Autoliv admitted to its role in a conspiracy to fix prices of seatbelts, airbags and steering wheels installed in U.S. cars to one automobile manufacturer and a separate conspiracy to fix prices of seatbelts to another car manufacturer.
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.