By Business Wire, September 13, 2013, 10:00:00 PM EDT
NEW ORLEANS--(BUSINESS WIRE)--
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 Linn Energy, LLC ("Linn").
Linn is a natural gas exploration and production company. In February
and May 2013, Barron's published two articles questioning and
criticizing Linn's aggressive accounting practices. Then, on July 1,
2013, Linn and LinnCo, LLC, which owns units representing limited
liability company interests in Linn, disclosed that the SEC had opened
an informal inquiry into Linn and LinnCo's proposed merger with Berry
Petroleum Company, as well as Linn and LinnCo's hedging strategies and
use of non-GAAP financial measures, the same accounting issues which had
been criticized by Barron's.
KSF's investigation is focusing on whether Linn's officers and/or
directors breached their fiduciary duties to Linn's shareholders or
otherwise violated state or federal laws.
If you have information that would assist KSF in its investigation, or
would like to discuss your legal rights, 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.
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
To learn more about KSF, you may visit www.ksfcounsel.com.
Source: Kahn Swick & Foti, LLC