In Depth Experience
With lawyers in New York and Louisiana, dedicated solely to the practice of class action and individual investor securities litigation, Kahn Swick & Foti, LLC ("KSF") is one of the nation's premier securities litigation law firms. KSF serves a variety of clients - including large state institutional investors, hedge funds and money managers - in seeking recoveries for investment losses emanating from corporate fraud by publicly traded companies. KSF is currently lead or co-lead counsel in more than 15 federal securities fraud and shareholder derivative lawsuits around the country, including prominent cases such as In re Virgin Mobile USA IPO Litigation, 2:07-cv-05619-SDW-MCA, (D. N.J.) and In re American International Group, Inc. [AIG] 2007 Der. Litig., 07-CV-10464 (LTS) (S.D.N.Y.).
Selective Filing
KSF's reputation for intensive due diligence in case investigation and evaluation is supported by a core philosophy that distinguishes KSF from many of its peers: KSF takes legal action and recommends that clients seek lead plaintiff status in class actions only in the strongest cases. According to the Stanford University Class Action Clearinghouse, KSF evaluated and advised its clients to file under 5% percent of all new cases last year. KSF's selectivity translates into peace of mind for its clients.
Learned Professionals
KSF is comprised of a talented group of lawyers who possess undergraduate, graduate and law school degrees from universities including Stanford, Columbia, NYU, Cornell, Yale and Tulane. Many of KSF's lawyers also have practiced at the nation's premier litigation firms and/or have served as law clerks for federal district court judges. The majority of KSF's lawyers focus their practices exclusively on securities law. In addition, KSF is the only boutique securities litigation firm in the U.S. to count among its ranks a former State Attorney General. General Charles Foti, former Attorney General for the State of Louisiana, is a Partner in the firm.
Contingency Basis
KSF accepts no fee unless it achieves a successful recovery. The firm believes that compensation should be measured by success. With a negotiated financial interest in the outcome of the litigation, KSF's interests as advocates are perfectly aligned with those of our clients. We do not get paid unless we get results.
A Range of Solutions
Not everyone is looking to file a lawsuit. KSF's comprehensive client services package, led by Managing Partner Lewis Kahn, allows funds to document compliance with their fiduciary responsibilities even if they never step forward as lead plaintiff. This is important at a time when daily headlines about scandals at corporations, investment banks, and mutual fund companies are prompting fund beneficiaries to ask tough questions about how their interests are being protected. The firm works with its clients to create securities litigation policies that establish how much money a fund must lose before considering legal action. KSF monitors its clients' portfolios to gauge losses in new cases and compiles reports of these activities. The firm also produces reports listing all recent settlements, so institutional clients can keep tabs on their custodians' efforts to collect claims.
Best of all, the firm provides does all of this for free. Only upon retention on a contingency basis, and only after recovery, does KSF receive a fee.
We know that the preservation of your assets is important to you, and we are confident that our experience, resources and dedication can help you maximize your fund's value by recovering assets that have been misappropriated by fraud and/or other corporate wrongdoing.