{"id":419821,"date":"2021-01-22T22:40:17","date_gmt":"2021-01-23T03:40:17","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=419821"},"modified":"2021-01-22T22:40:17","modified_gmt":"2021-01-23T03:40:17","slug":"cabot-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-cabot-oil-gas-corporation-cog","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/cabot-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-cabot-oil-gas-corporation-cog\/","title":{"rendered":"CABOT INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick &amp; Foti, LLC Investigates the Officers and Directors of Cabot Oil &amp; Gas Corporation &#8211; COG"},"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>\nCABOT INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick &amp; Foti, LLC Investigates the Officers and Directors of Cabot Oil &amp; Gas Corporation &#8211; COG\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 Cabot Oil &amp; Gas Corporation (NYSE: COG).\n<\/p>\n<p>\nOn February 22, 2016 the Company disclosed in its 10-K report that it had received a \u201cproposed Consent Order and Agreement from the Pennsylvania Department of Environmental Protection (PaDEP) relating to gas migration allegations in an area surrounding several wells owned and operated by us in Susquehanna County, Pennsylvania.\u201d\n<\/p>\n<p>\nThen, on February 27, 2017, the Company disclosed that it had \u201centered into a Consent Order and Agreement with the PaDEP on December 30, 2016\u201d and agreed to pay a \u201ccivil monetary penalty in the amount of approximately $0.3 million and . . . additional monitoring will be required to ensure the source of methane has been remediated.\u201d\n<\/p>\n<p>\nFinally, on June 15, 2020, the Pennsylvania Attorney General announced fifteen criminal counts against the Company, including nine felonies, following recommendations from a grand jury investigation that noted the Company\u2019s \u201clong-term indifference\u201d to pollution damage to water supplies caused by its faulty gas wells.\n<\/p>\n<p>\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<p>\nKSF\u2019s investigation is focusing on whether Cabot\u2019s officers and\/or directors breached their fiduciary duties to Cabot\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 Cabot 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-cog%2F&amp;esheet=52366422&amp;newsitemid=20210122005507&amp;lan=en-US&amp;anchor=https%3A%2F%2Fwww.ksfcounsel.com%2Fcases%2Fnyse-cog%2F&amp;index=1&amp;md5=c7187f7512780eff0ccc9d965de3de5f\">https:\/\/www.ksfcounsel.com\/cases\/nyse-cog\/<\/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=52366422&amp;newsitemid=20210122005507&amp;lan=en-US&amp;anchor=www.ksfcounsel.com&amp;index=2&amp;md5=7069c18d6e07544753b208ce9eea2113\">www.ksfcounsel.com<\/a>.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210122005507r1&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\/20210122005507\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210122005507\/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> Energy Legal Professional Services Oil\/Gas<\/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\/20210122005507\/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>CABOT INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick &amp; Foti, LLC Investigates the Officers and Directors of Cabot Oil &amp; Gas Corporation &#8211; COG 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 Cabot Oil &amp; Gas Corporation (NYSE: COG). On February 22, 2016 the Company disclosed in its 10-K report that it had received a \u201cproposed Consent Order and Agreement from the Pennsylvania Department of Environmental Protection (PaDEP) relating to gas migration allegations in an area surrounding several wells owned and operated by us in Susquehanna County, Pennsylvania.\u201d Then, on February 27, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cabot-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-cabot-oil-gas-corporation-cog\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;CABOT INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick &amp; Foti, LLC Investigates the Officers and Directors of Cabot Oil &amp; Gas Corporation &#8211; COG&#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-419821","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>CABOT INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick &amp; Foti, LLC Investigates the Officers and Directors of Cabot Oil &amp; Gas Corporation - COG - 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\/cabot-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-cabot-oil-gas-corporation-cog\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CABOT INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick &amp; Foti, LLC Investigates the Officers and Directors of Cabot Oil &amp; Gas Corporation - COG - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"CABOT INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick &amp; Foti, LLC Investigates the Officers and Directors of Cabot Oil &amp; Gas Corporation &#8211; COG 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 Cabot Oil &amp; Gas Corporation (NYSE: COG). On February 22, 2016 the Company disclosed in its 10-K report that it had received a \u201cproposed Consent Order and Agreement from the Pennsylvania Department of Environmental Protection (PaDEP) relating to gas migration allegations in an area surrounding several wells owned and operated by us in Susquehanna County, Pennsylvania.\u201d Then, on February 27, &hellip; Continue reading &quot;CABOT INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick &amp; Foti, LLC Investigates the Officers and Directors of Cabot Oil &amp; Gas Corporation &#8211; COG&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/cabot-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-cabot-oil-gas-corporation-cog\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-23T03:40:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210122005507r1&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\\\/cabot-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-cabot-oil-gas-corporation-cog\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cabot-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-cabot-oil-gas-corporation-cog\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"CABOT INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick &amp; 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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 Cabot Oil &amp; Gas Corporation (NYSE: COG). On February 22, 2016 the Company disclosed in its 10-K report that it had received a \u201cproposed Consent Order and Agreement from the Pennsylvania Department of Environmental Protection (PaDEP) relating to gas migration allegations in an area surrounding several wells owned and operated by us in Susquehanna County, Pennsylvania.\u201d Then, on February 27, &hellip; Continue reading \"CABOT INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick &amp; Foti, LLC Investigates the Officers and Directors of Cabot Oil &amp; Gas Corporation &#8211; COG\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/cabot-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-cabot-oil-gas-corporation-cog\/","og_site_name":"Market Newsdesk","article_published_time":"2021-01-23T03:40:17+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210122005507r1&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\/cabot-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-cabot-oil-gas-corporation-cog\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cabot-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-cabot-oil-gas-corporation-cog\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"CABOT INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick &amp; 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