NEW ORLEANS--(BUSINESS WIRE)--Kahn Swick & Foti, LLC (“KSF”) and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors with large financial interests that they have only until July 19, 2018 to file lead plaintiff applications in a securities class action lawsuit against PPG Industries, Inc. (NYSE: PPG). Investor losses must relate to purchases of the Company’s securities between April 24, 2017 and May 10, 2018. This action is pending in the United States District Court for the Central District of California.
What You May Do
If you purchased securities of PPG 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, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (firstname.lastname@example.org), or visit https://www.ksfcounsel.com/cases/nyse-ppg/ to learn more. If you wish to serve as a lead plaintiff in this class action by overseeing lead counsel with the goal of obtaining a fair and just resolution, you must request this position by application to the Court by July 19, 2018.
About the Lawsuit
On May 10, 2018, PPG disclosed that an investigation by its Audit Committee into violations of accounting policies relating to expense accrual for 1Q2018 also uncovered improper income reclassification entries made at the direction of its VP and Controller, who was terminated effective that day. Further, PPG would not be filing its 1Q2018 report timely and its financial statements for 2017 should no longer be relied upon. On this news, the price of PPG’s shares plummeted.
About Kahn Swick & Foti, LLC
KSF, whose partners include 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.