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 First American Financial Corporation (NYSE: FAF).
On May 24, 2019, KrebsOnSecurity reported the discovery of a massive data leak involving the Company that may have allowed unauthorized access to more than 885 million records related to mortgage deals going back to 2003 including “bank account numbers and statements, mortgage and tax records, Social Security numbers, wire transaction receipts, and drivers license images.” The Company later confirmed its knowledge of a “design defect in one of its production applications that made possible unauthorized access to customer data.”
KSF’s investigation is focusing on whether First American’s officers and/or directors breached their fiduciary duties to First American’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-term holder of First American 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 (email@example.com), or visit https://www.ksfcounsel.com/cases/nyse-faf/ to learn more.
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.