NEW ORLEANS, Aug. 13, 2015 /PRNewswire/ -- 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 Liberty
Broadband Corporation (NasdaqGS: LBRDA).
On July 29, 2015, Liberty
Broadband announced that it will be holding a Special Meeting of
Stockholders on September 23, 2015,
during which holders will be asked to vote on whether to approve
the issuance of shares of Liberty Broadband Series C common stock
to various investors, the proceeds of which will be used to fund
all or a portion of Liberty Broadband's purchase of $4.3 billion of stock of a new publicly traded
Charter Communications, Inc. following its proposed merger with
Time Warner Cable, Inc. On August 11,
2015, Liberty Broadband filed a Proxy Statement with the SEC
concerning the upcoming vote.
KSF's investigation is focusing on whether Liberty Broadband
and/or its officers and directors violated state or federal
securities laws in connection with the proposed issuance of shares
and/or Proxy Statement.
If you are a Liberty Broadband shareholder or have information
that would assist KSF in its investigation, you may, without
obligation or cost to you, call toll-free at 1-877-515-1850 or
email KSF Managing Partner Lewis Kahn
(lewis.kahn@ksfcounsel.com).
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, California 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.
Contact:
Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
lewis.kahn@ksfcounsel.com
1-877-515-1850
206 Covington St.
Madisonville, LA 70447
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SOURCE Kahn Swick & Foti, LLC