NEW ORLEANS, Nov. 24, 2017 — 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 Twenty-First Century Fox, Inc. (NasdaqGS: FOX).
On November 14, 2017, during the corruption trial of three former executives of FIFA (Fédération Internationale of Football Association), witness testimony from a former executive of the sports-marketing company Torneos y Competencias SA revealed that Fox Sports had paid bribes for the purpose of obtaining multiyear broadcasting rights for the coverage of tournaments in order to further its goal of expanding its television rights throughout the Americas, “from Argentina to the U.S.A.”
KSF's investigation is focusing on whether Fox's officers and/or directors breached their fiduciary duties to Fox'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 Fox 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 protected]).
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.
Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
206 Covington St.
Madisonville, LA 70447
View original content with multimedia:http://www.prnewswire.com/news-releases/twenty-first-century-fox-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick–foti-llc-investigates-the-officers-and-directors-of-twenty-first-century-fox-inc—fox-300561057.html
SOURCE Kahn Swick & Foti, LLC
Powered by WPeMatico