{"id":411463,"date":"2021-01-08T22:53:18","date_gmt":"2021-01-09T03:53:18","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=411463"},"modified":"2021-01-08T22:53:18","modified_gmt":"2021-01-09T03:53:18","slug":"the-realreal-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-the-realreal-inc-real-2","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-2\/","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":"
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PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n NEW ORLEANS<\/span>, Jan. 8, 2021<\/span> \/PRNewswire\/ —\u00a0Former Attorney General of Louisiana<\/span>, Charles C. Foti, Jr., Esq.<\/span>, a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into The RealReal, Inc. (NasdaqGS: REAL).\u00a0\u00a0<\/p>\n

\n

\n
\n \"Kahn
\n <\/a>\n <\/p>\n<\/p><\/div>\n

Beginning in September of 2019, news media reports highlighted a range of alleged flaws relating to the Company’s item authentication procedures, including that it largely utilized copywriters, rather than professional authenticators, to authenticate the majority of the Company’s 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.<\/p>\n

Thereafter, 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.<\/p>\n

KSF’s investigation is focusing on whether RealReal’s officers and\/or directors breached their fiduciary duties to RealReal’s shareholders or otherwise violated state or federal laws.\u00a0 <\/p>\n

If 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.<\/p>\n

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

KSF, whose partners include former Louisiana<\/span> Attorney General Charles C. Foti, Jr.<\/span>, is one of the nation’s 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<\/span>, California<\/span> and Louisiana<\/span>.<\/p>\n

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

Contact:<\/p>\n

Kahn Swick & Foti, LLC
Lewis Kahn<\/span>, Managing Partner
lewis.kahn@ksfcounsel.com<\/a>
<\/u>1-877-515-1850
1100 Poydras St., Suite 3200
New Orleans, LA<\/span> 70163<\/p>\n

<\/div>\n

\n \"Cision\" View original content to download multimedia:http:\/\/www.prnewswire.com\/news-releases\/the-realreal-investigation-initiated-by-former-louisiana-attorney-general–kahn-swick–foti-llc-investigates-the-officers-and-directors-of-the-realreal-inc—real-301203646.html<\/a><\/p>\n

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

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire NEW ORLEANS, Jan. 8, 2021 \/PRNewswire\/ —\u00a0Former 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 The RealReal, Inc. (NasdaqGS: REAL).\u00a0\u00a0 Beginning in September of 2019, news media reports highlighted a range of alleged flaws relating to the Company’s item authentication procedures, including that it largely utilized copywriters, rather than professional authenticators, to authenticate the majority of the Company’s 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. Thereafter, the Company and certain of its executives were sued in a securities … <\/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-411463","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-2\/\" \/>\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=\"PR Newswire NEW ORLEANS, Jan. 8, 2021 \/PRNewswire\/ —\u00a0Former 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 The RealReal, Inc. (NasdaqGS: REAL).\u00a0\u00a0 Beginning in September of 2019, news media reports highlighted a range of alleged flaws relating to the Company’s item authentication procedures, including that it largely utilized copywriters, rather than professional authenticators, to authenticate the majority of the Company’s 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. 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Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into The RealReal, Inc. (NasdaqGS: REAL).\u00a0\u00a0 Beginning in September of 2019, news media reports highlighted a range of alleged flaws relating to the Company’s item authentication procedures, including that it largely utilized copywriters, rather than professional authenticators, to authenticate the majority of the Company’s 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. Thereafter, the Company and certain of its executives were sued in a securities … 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\"","og_url":"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-2\/","og_site_name":"Market Newsdesk","article_published_time":"2021-01-09T03:53:18+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/399590\/Kahn_Swick_and_Foti_Logo.jpg","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\/the-realreal-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-the-realreal-inc-real-2\/#article","isPartOf":{"@id":"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-2\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"THE REALREAL INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Investigates the Officers and Directors of The RealReal, Inc. – REAL","datePublished":"2021-01-09T03:53:18+00:00","mainEntityOfPage":{"@id":"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-2\/"},"wordCount":378,"image":{"@id":"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-2\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/399590\/Kahn_Swick_and_Foti_Logo.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"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-2\/","url":"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-2\/","name":"THE REALREAL INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Investigates the Officers and Directors of The RealReal, Inc. - 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