COOPER TIRE SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick
& Foti, LLC Reminds Investors With Losses in Excess of $100,000 of Lead
Plaintiff Deadline in Class Action Lawsuit Against Cooper Tire & Rubber Co. -
NEW ORLEANS, Jan. 21, 2014 (GLOBE NEWSWIRE) -- Kahn Swick & Foti, LLC ("KSF")
and KSF partner, the former Attorney General of Louisiana, Charles C. Foti,
Jr., remind investors that they have until March 18, 2014 to file lead
plaintiff applications in a securities class action lawsuit against Cooper
Tire & Rubber Co. (NYSE:CTB), if they purchased the Company's securities
during the period between June 12, 2013 and November 8, 2013, inclusive (the
"Class Period"), or if they held shares as of the record date of August 30,
2013. This action is pending in the United States District Court for the
District of Delaware.
What You May Do
If you purchased shares of Cooper 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, call toll-free at
1-877-515-1850, or email KSF Managing Partner Lewis Kahn
(firstname.lastname@example.org) or KSF Partner Melinda Nicholson
(email@example.com). If you wish to serve as a lead plaintiff
in this class action, you must petition the Court by March 18, 2014.
About the Lawsuit
Cooper and certain of its executives are charged with issuing a series of
materially false and misleading statements in connection with the proposed
merger between Cooper and Apollo Tyres Ltd. during the Class Period, violating
federal securities laws.
On September 30, 2013, Cooper shareholders voted to approve the merger, but
beginning on October 4th disclosures revealed that it was imperiled. On
October 7, 2013, Cooper announced that the merger was in jeopardy and that
Cooper had filed a lawsuit to force Apollo to close the deal.Then, on
November 8th, the court denied Cooper's request for an order requiring Apollo
to close on the merger.
About Kahn Swick & Foti, LLC
To learn more about KSF, whose partners include the Former Louisiana Attorney
General, Charles C. Foti, Jr., and other lawyers with significant experience
litigating complex securities class actions nationwide on behalf of both
institutional and individual shareholders, you may visit www.ksfcounsel.com.
CONTACT: Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
Melinda Nicholson, Partner
206 Covington St.
Madisonville, LA 70447
Press spacebar to pause and continue. Press esc to stop.