NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC announce that KSF has commenced an investigation into Tech Data Corp. (Nasdaq: TECD).
KSF’s investigation is focusing on whether Tech Data and/or its officers and directors violated state or federal securities laws.
KSF’s investigation follows the decline in the price of Tech Data shares and follows the announcement that the Company expects to restate its previously reported financial results for 2011, 2012 and 2013. This investigation also follows the direct sale of over $2 million worth of Company stock by Tech Data’s Chief Executive Officer, Robert M. Dutkowsky, reported on March 7, 2013.
If you have information that would assist KSF in its investigation, or would like to discuss your legal rights, 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.
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 class action and shareholder derivative litigation with offices in New York and Louisiana. KSF's lawyers have significant experience litigating complex securities class actions nationwide on behalf of both institutional and individual shareholders.
To learn more about KSF, you may visit www.ksfcounsel.com.