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 Charter Communications, Inc. (NasdaqGS: CHTR).
On February 1, 2017, the New York Attorney General filed a lawsuit against Charter Communications Inc. and its subsidiary Spectrum Management Holdings, LLC (formerly known as Time Warner Cable, Inc., which was acquired by Charter in May 2016), for allegedly conducting a deliberate scheme to defraud and mislead consumers by promising internet service that they knew they could not deliver. The Attorney General alleges that Company executives knew that the company’s hardware and network were incapable of achieving the speeds promised to subscribers, but nevertheless continued to make false representations about speed and reliability.
KSF’s investigation is focusing on whether Charter’s officers and/or directors breached their fiduciary duties to Charter’s shareholders or otherwise violated state or federal laws.
If you have information that would assist KSF in its investigation, or have been a long-time holder of Charter shares, and would like to discuss your legal rights, you may, without obligation or cost to you, call toll-free at 1-877-515-1850 or email KSF Managing Partner Lewis Kahn (firstname.lastname@example.org).
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.