SOURCE: Kahn Swick & Foti, LLC

Kahn Swick & Foti

June 23, 2017 22:50 ET

FLEETCOR 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 FleetCor Technologies, Inc. - (FLT)

NEW ORLEANS, LA--(Marketwired - June 23, 2017) - Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until August 14, 2017 to file lead plaintiff applications in a securities class action lawsuit against FleetCor Technologies, Inc. (NYSE: FLT), if they purchased the Company's securities between February 5, 2016 through May 2, 2017, inclusive (the "Class Period"). This action is pending in the United States District Court for the Northern District of Georgia.

What You May Do

If you purchased securities of FleetCor 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 August 14, 2017.

About the Lawsuit

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

The alleged false and misleading statements and omissions include, but are not limited to, that: (i) the Company's growth and earnings were the result of overbilling its customers; (ii) it utilized deceptive marketing materials; (iii) it utilized other predatory sales schemes including, but not limited to, failing to clearly disclose its contractual fees; and (iv) as a result of the foregoing, FleetCor's financial statements were materially false and misleading at all relevant times.

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 Information

  • Contact:

    Kahn Swick & Foti, LLC
    Lewis Kahn
    Managing Partner
    lewis.kahn@ksfcounsel.com
    1-877-515-1850
    206 Covington St.
    Madisonville, LA 70447