SHAREHOLDER ALERT: Kahn Swick & Foti, LLC Investigates Claims On Behalf of Investors of Twitter, Inc. - TWTR

World News: . []

NEW ORLEANS, Nov. 08, 2019 (GLOBE NEWSWIRE) -- Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), is investigating claims on behalf of investors of Twitter, Inc. (NYSE: TWTR). Such investors are advised to contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (lewis.kahn@ksfcounsel.com), or visit to learn more.

The investigation concerns whether Twitter and certain of its officers and/or directors have engaged in fraud, negligence or other unlawful business practices.

On October 24, 2019, pre- market, the Company disclosed its financial results for the quarter ended September 30, 2019 including revenue more than 5% below analyst estimates due to weaker-than-expected advertising revenues, revealing during the subsequent conference call that Twitter “had some missteps and bugs in our map ads… We discovered and took steps to remediate bugs that largely affected our legacy map product. These bugs affected our ability to target ads and share data with measurement and partners.  We also discovered that certain personalization and data sightings were not operating as expected.”

On this news, the price of Twitter’s shares plummeted over 20%, on heavier than average trading volume. 

About Kahn Swick & Foti, LLC

KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation’s premier boutique securities litigation law firms. KSF serves a variety of clients – including public institutional investors, hedge funds, money managers and retail investors – in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, California and Louisiana.

To learn more about KSF, you may visit .

Contact:

Kahn Swick & Foti, LLCLewis Kahn, Managing Partner1-877-515-18501100 Poydras St., Suite 3200New Orleans, LA 70163

More news and information about Kahn Swick & Foti, LLC

Published By:

Globe Newswire: 03:50 GMT Saturday 9th November 2019

Published: .

Search for other references to "shareholder" on SPi News


Share

Previous StoryNext Story

SPi News is published by Sector Publishing Intelligence Ltd.
© Sector Publishing Intelligence Ltd 2019. [Admin Only]
 
Sector Publishing Intelligence Ltd.
Agriculture House, Acland Road, DORCHESTER, Dorset DT1 1EF United Kingdom
Registered in England and Wales number 07519380.
 
Privacy Policy | Terms and Conditions | Contact Us