SOURCE: Kahn Swick & Foti, LLC

November 16, 2012 00:04 ET

INVESTOR ALERT: Former Louisiana Attorney General and Kahn Swick & Foti, LLC, Remind Investors With Large Financial Interests of Lead Plaintiff Deadline in Class Action Lawsuit Against Blyth, Inc.

NEW ORLEANS, LA--(Marketwire - Nov 16, 2012) - 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 12, 2013 to file lead plaintiff applications in a securities class action lawsuit against Blyth, Inc. (NYSE: BTH), if they purchased the Company's common stock during the period between March 14, 2012 and November 6, inclusive (the "Class Period"). This action is pending in the United States District Court for the District of Connecticut.

What You May Do

If you purchased shares of Blyth 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 (lewis.kahn@ksfcounsel.com), toll free, 877-515-1850, or via cell phone any time at 504-301-7900. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by January 12, 2013.

About the Lawsuit

Blyth and certain of its senior executives are charged with issuing a series of materially false and misleading statements, during the Class Period, in violation of federal securities laws.

According to the complaint filed in the action, beginning on September 21, 2012 and ending on November 6, 2012, the Company issued a series of partial disclosures that revealed that Blyth was not performing according to guidance. Based on these belated revelations, shares of the Company declined from almost $35.00 to below $20.00 per share.

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.

Contact Information

  • Contact:

    Kahn Swick & Foti, LLC
    Lewis Kahn
    Managing Partner
    877-515-1850
    or after hours via cell phone 504-301-7900
    lewis.kahn@ksfcounsel.com
    206 Covington St.
    Madisonville, LA 70447