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 Omega Protein Corporation (NYSE: OME).
On March 1, 2017, Omega Protein revealed that in December 2016 it received a subpoena from the SEC related to an investigation of an Omega Protein subsidiary’s compliance with its probation terms and the company’s protection of whistleblower employees. Omega Protein further disclosed that the investigation could result in a material adverse effect on its business, reputation, results of operation, and financial condition.
Thereafter, Omega Protein and certain of its executives were sued in a class action lawsuit, charging them with violations of federal securities laws.
KSF’s investigation is focusing on whether Omega Protein’s officers and/or directors breached their fiduciary duties to its shareholders or otherwise violated state or federal laws.
If you have information that would assist KSF in its investigation, or have been a long-term holder of Omega Protein 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.