{"id":386304,"date":"2020-11-20T22:53:25","date_gmt":"2020-11-21T03:53:25","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=386304"},"modified":"2020-11-20T22:53:25","modified_gmt":"2020-11-21T03:53:25","slug":"brookdale-senior-living-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-brookdale-senior-living-inc-bkd","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/brookdale-senior-living-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-brookdale-senior-living-inc-bkd\/","title":{"rendered":"BROOKDALE SENIOR LIVING INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick &amp; Foti, LLC Investigates the Officers and Directors of Brookdale Senior Living Inc. &#8211; BKD"},"content":{"rendered":"<p>        <!--body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p>\nBROOKDALE SENIOR LIVING INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick &amp; Foti, LLC Investigates the Officers and Directors of Brookdale Senior Living Inc. &#8211; BKD\n<\/p>\n<p>NEW ORLEANS&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nFormer Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick &amp; Foti, LLC (\u201cKSF\u201d), announces that KSF has commenced an investigation into Brookdale Senior Living Inc. (NYSE: BKD).\n<\/p>\n<p>\nIn mid-April of 2020, class action litigation was filed against the Company on behalf of a putative class of elderly and disabled residents from nearly 56 facilities \u201cto redress systemic unfair and deceptive trade practices and breaches of contract,\u201d alleging that it \u201cengaged in a scheme of understaffing and cover-up through misrepresentations, misleading statements, omissions and concealment of material facts, and the inherently flawed and deceptive staffing practices\u201d from April 2016 to 2020. On April 30, 2020, the <i>Nashville Business Journal<\/i> issued a report exposing the \u201clucrative bonus and incentive programs tied to meeting or exceeding Brookdale\u2019s financial performance targets\u201d done in order to induce employees to \u201cstay at or below Brookdale\u2019s limits for staffing expenses.\u201d\n<\/p>\n<p>\nThereafter, the Company and certain of its executives were also sued in a securities class action lawsuit, charging them with failing to disclose material information during the Class Period, violating federal securities laws, which remains ongoing.\n<\/p>\n<p>\nKSF\u2019s investigation is focusing on whether Brookdale\u2019s officers and\/or directors breached their fiduciary duties to Brookdale\u2019s shareholders or otherwise violated state or federal laws.\n<\/p>\n<p>\nIf you have information that would assist KSF in its investigation, or have been a long-term holder of Brookdale 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 (<a rel=\"nofollow\" href=\"mailto:lewis.kahn@ksfcounsel.com\">lewis.kahn@ksfcounsel.com<\/a>), or visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.ksfcounsel.com%2Fcases%2Fnyse-bkd%2F&amp;esheet=52333982&amp;newsitemid=20201120005729&amp;lan=en-US&amp;anchor=https%3A%2F%2Fwww.ksfcounsel.com%2Fcases%2Fnyse-bkd%2F&amp;index=1&amp;md5=1d2d5c54f7429b95e43209a7a1964fb6\">https:\/\/www.ksfcounsel.com\/cases\/nyse-bkd\/<\/a> to learn more.\n<\/p>\n<p>\nAbout Kahn Swick &amp; Foti, LLC\n<\/p>\n<p>\nKSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation\u2019s premier boutique securities litigation law firms. KSF serves a variety of clients \u2013 including public institutional investors, hedge funds, money managers and retail investors \u2013 in seeking to recover investment losses due to corporate fraud and malfeasance by publicly traded companies. KSF has offices in New York, California and Louisiana.\n<\/p>\n<p>\nTo learn more about KSF, you may visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.ksfcounsel.com&amp;esheet=52333982&amp;newsitemid=20201120005729&amp;lan=en-US&amp;anchor=www.ksfcounsel.com&amp;index=2&amp;md5=1f313fd90f119f0c427c65c11a9beb66\">www.ksfcounsel.com<\/a>.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201120005729r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20201120005729\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20201120005729\/en\/<\/a><\/span><\/p>\n<p>\nKahn Swick &amp; Foti, LLC<br \/>\n<br \/>Lewis Kahn, Managing Partner<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:lewis.kahn@ksfcounsel.com\">lewis.kahn@ksfcounsel.com<br \/>\n<\/a><br \/>1-877-515-1850\n<\/p>\n<p><b>KEYWORDS:<\/b> Louisiana United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Legal Professional Services Seniors Consumer<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20201120005729\/en\/752156\/3\/logo-square-pr.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>BROOKDALE SENIOR LIVING INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick &amp; Foti, LLC Investigates the Officers and Directors of Brookdale Senior Living Inc. &#8211; BKD NEW ORLEANS&#8211;(BUSINESS WIRE)&#8211; Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick &amp; Foti, LLC (\u201cKSF\u201d), announces that KSF has commenced an investigation into Brookdale Senior Living Inc. (NYSE: BKD). In mid-April of 2020, class action litigation was filed against the Company on behalf of a putative class of elderly and disabled residents from nearly 56 facilities \u201cto redress systemic unfair and deceptive trade practices and breaches of contract,\u201d alleging that it \u201cengaged in a scheme of understaffing and cover-up through misrepresentations, misleading &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/brookdale-senior-living-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-brookdale-senior-living-inc-bkd\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;BROOKDALE SENIOR LIVING INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick &amp; Foti, LLC Investigates the Officers and Directors of Brookdale Senior Living Inc. &#8211; BKD&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-386304","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>BROOKDALE SENIOR LIVING INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick &amp; Foti, LLC Investigates the Officers and Directors of Brookdale Senior Living Inc. - BKD - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/brookdale-senior-living-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-brookdale-senior-living-inc-bkd\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BROOKDALE SENIOR LIVING INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick &amp; Foti, LLC Investigates the Officers and Directors of Brookdale Senior Living Inc. - BKD - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"BROOKDALE SENIOR LIVING INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick &amp; Foti, LLC Investigates the Officers and Directors of Brookdale Senior Living Inc. &#8211; BKD NEW ORLEANS&#8211;(BUSINESS WIRE)&#8211; Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick &amp; Foti, LLC (\u201cKSF\u201d), announces that KSF has commenced an investigation into Brookdale Senior Living Inc. (NYSE: BKD). In mid-April of 2020, class action litigation was filed against the Company on behalf of a putative class of elderly and disabled residents from nearly 56 facilities \u201cto redress systemic unfair and deceptive trade practices and breaches of contract,\u201d alleging that it \u201cengaged in a scheme of understaffing and cover-up through misrepresentations, misleading &hellip; Continue reading &quot;BROOKDALE SENIOR LIVING INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick &amp; Foti, LLC Investigates the Officers and Directors of Brookdale Senior Living Inc. &#8211; BKD&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/brookdale-senior-living-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-brookdale-senior-living-inc-bkd\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-21T03:53:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201120005729r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/brookdale-senior-living-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-brookdale-senior-living-inc-bkd\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/brookdale-senior-living-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-brookdale-senior-living-inc-bkd\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"BROOKDALE SENIOR LIVING INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick &amp; 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Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick &amp; Foti, LLC (\u201cKSF\u201d), announces that KSF has commenced an investigation into Brookdale Senior Living Inc. (NYSE: BKD). In mid-April of 2020, class action litigation was filed against the Company on behalf of a putative class of elderly and disabled residents from nearly 56 facilities \u201cto redress systemic unfair and deceptive trade practices and breaches of contract,\u201d alleging that it \u201cengaged in a scheme of understaffing and cover-up through misrepresentations, misleading &hellip; Continue reading \"BROOKDALE SENIOR LIVING INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick &amp; Foti, LLC Investigates the Officers and Directors of Brookdale Senior Living Inc. &#8211; BKD\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/brookdale-senior-living-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-brookdale-senior-living-inc-bkd\/","og_site_name":"Market Newsdesk","article_published_time":"2020-11-21T03:53:25+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201120005729r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/brookdale-senior-living-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-brookdale-senior-living-inc-bkd\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/brookdale-senior-living-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-brookdale-senior-living-inc-bkd\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"BROOKDALE SENIOR LIVING INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick &amp; 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