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TheStreet Open House

INVESTOR ALERT: Approximately 96 Hours Remain; Former Louisiana Attorney General And Kahn Swick & Foti, LLC Remind Investors With Large Financial Interests Of Important Deadline In Lawsuit Against Facebook, Inc. - FB

NEW ORLEANS, July 19, 2012 /PRNewswire/ -- Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have only until July 23, 2012 to file lead plaintiff applications in a securities class action lawsuit against Facebook, Inc. (Nasdaq: FB), if they purchased the Company's common stock issued in connection with, or traceable to, Facebook's May 18, 2012 initial public offering ("IPO").  The action is pending in the United States District Court for the Southern District of New York.

What You May Do

If you purchased shares of Facebook, 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 ( lewis.kahn@ksfcounsel.com), toll free, 877-515-1850, or via cell phone any time at 504-301-7900, or KSF Director of Client Relations, Neil Rothstein, Esq. ( neil.rothstein@ksfcounsel.com), toll free at 877-694-9510, or via cell phone any time at 330-860-4092. 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 July 23, 2012.

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.

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