Maxwell Technologies Notification of SEC and DOJ Investigations: Kahn Swick
& Foti, LLC, Reminds Investors with Losses in Excess of $200,000 of
Securities Fraud Class Action and Lead Plaintiff Deadline - Maxwell
NEW ORLEANS -- April 30, 2013
Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney General of
Louisiana, Charles C. Foti, Jr., remind investors with losses in excess of
$200,000 that they have only until May 13, 2013 to file lead plaintiff
applications in a securities class action lawsuit against Maxwell
Technologies, Inc. (Nasdaq: MXWL). Losses must be related to shares of the
Company’s common stock purchased during the period between April 28, 2011 and
March 7, 2013, inclusive. This action is pending in the United States District
Court for the Southern District of California.
On April 30, 2013, Maxwell Technologies disclosed that both the U.S.
Department of Justice and the U.S. Securities and Exchange Commission are
investigating the Company after its March 7, 2013 announcement that the
Company would restate its financial results for 2011 and 2012, due to errors
related to the recognition of revenue.
What You May Do
If you purchased shares of Maxwell Technologies 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, e-mail or call
KSF Managing Partner Lewis Kahn (firstname.lastname@example.org) or KSF Partner
Melinda Nicholson (email@example.com) toll free at
1-877-515-1850. 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 May
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 class action and shareholder
derivative litigation with offices in New York and Louisiana. KSF's lawyers
have significant experience litigating complex securities class actions
nationwide on behalf of both institutional and individual shareholders.
To learn more about KSF, you may visit www.ksfcounsel.com.
Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner, 1-877-515-1850
Melinda Nicholson, Partner, 1-877-515-1850
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