{"id":398559,"date":"2020-12-11T22:53:11","date_gmt":"2020-12-12T03:53:11","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=398559"},"modified":"2020-12-11T22:53:11","modified_gmt":"2020-12-12T03:53:11","slug":"the-realreal-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-the-realreal-inc-real","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/the-realreal-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-the-realreal-inc-real\/","title":{"rendered":"THE REALREAL INVESTIGATION INITIATED By Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of The RealReal, Inc. – REAL"},"content":{"rendered":"

<\/p>\n

\nTHE REALREAL INVESTIGATION INITIATED By Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of The RealReal, Inc. – REAL\n<\/p>\n

NEW ORLEANS–(BUSINESS WIRE<\/a>)–
\nFormer Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (\u201cKSF\u201d), announces that KSF has commenced an investigation into The RealReal, Inc. (NasdaqGS: REAL).\n<\/p>\n

\nBeginning in September of 2019, news media reports highlighted a range of alleged flaws relating to the Company\u2019s item authentication procedures, including that it largely utilized copywriters, rather than professional authenticators, to authenticate the majority of the Company\u2019s items and that the copyrighters were poorly trained and subject to extremely high processing quotas, resulting in customers unknowingly purchasing counterfeit goods from the Company.\n<\/p>\n

\nThereafter, the Company and certain of its executives were 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

\nKSF\u2019s investigation is focusing on whether RealReal\u2019s officers and\/or directors breached their fiduciary duties to RealReal\u2019s shareholders or otherwise violated state or federal laws.\n<\/p>\n

\nIf you have information that would assist KSF in its investigation, or have been a long-term holder of RealReal 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 (lewis.kahn@ksfcounsel.com<\/a>), or visit https:\/\/www.ksfcounsel.com\/cases\/nasdaqgs-real\/<\/a> to learn more.\n<\/p>\n

\nAbout Kahn Swick & Foti, LLC\n<\/p>\n

\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

\nTo learn more about KSF, you may visit www.ksfcounsel.com<\/a>.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20201211005611\/en\/<\/a><\/span><\/p>\n

\nKahn Swick & Foti, LLC
\n
Lewis Kahn, Managing Partner
\n
lewis.kahn@ksfcounsel.com
\n<\/a>
1-877-515-1850\n<\/p>\n

KEYWORDS:<\/b> Louisiana United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Legal Professional Services<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

THE REALREAL INVESTIGATION INITIATED By Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of The RealReal, Inc. – REAL 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 (\u201cKSF\u201d), announces that KSF has commenced an investigation into The RealReal, Inc. (NasdaqGS: REAL). Beginning in September of 2019, news media reports highlighted a range of alleged flaws relating to the Company\u2019s item authentication procedures, including that it largely utilized copywriters, rather than professional authenticators, to authenticate the majority of the Company\u2019s items and that the copyrighters were poorly trained and subject to extremely high processing quotas, resulting in customers … <\/p>\n

Continue reading “THE REALREAL INVESTIGATION INITIATED By Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of The RealReal, Inc. – REAL”<\/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-398559","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nTHE REALREAL INVESTIGATION INITIATED By Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of The RealReal, Inc. - REAL - 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\/the-realreal-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-the-realreal-inc-real\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"THE REALREAL INVESTIGATION INITIATED By Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of The RealReal, Inc. - REAL - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"THE REALREAL INVESTIGATION INITIATED By Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of The RealReal, Inc. – REAL 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 (\u201cKSF\u201d), announces that KSF has commenced an investigation into The RealReal, Inc. (NasdaqGS: REAL). 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