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 Textura Corporation (NYSE: TXTR).
On December 26, 2013, Citron Research issued a report alleging fraud, collusion and deception committed by certain officers and directors of the Company during its initial public offering (“IPO”) and in filings with the Securities and Exchange Commission. The report stated, among other things, that the Company would have been insolvent had it not been for this IPO and listed a myriad of examples of how investors were misled.
After Citron’s article was released, the price of Textura’s shares fell drastically.
KSF’s investigation is focusing on whether Textura and/or its officers and directors violated state or federal securities laws.
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 (firstname.lastname@example.org) or KSF Partner Melinda Nicholson (email@example.com) toll free at 1-877-515-1850.
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.