{"id":446441,"date":"2021-02-26T22:53:19","date_gmt":"2021-02-27T03:53:19","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=446441"},"modified":"2021-02-26T22:53:19","modified_gmt":"2021-02-27T03:53:19","slug":"first-american-financial-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-first-american-financial-corp-faf-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/first-american-financial-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-first-american-financial-corp-faf-2\/","title":{"rendered":"FIRST AMERICAN FINANCIAL INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick &amp; Foti, LLC Investigates the Officers and Directors of First American Financial Corp. &#8211; FAF"},"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>\nFIRST AMERICAN FINANCIAL INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick &amp; Foti, LLC Investigates the Officers and Directors of First American Financial Corp. &#8211; FAF\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 First American Financial Corp. (\u201cFAF\u201d) (NYSE: FAF).\n<\/p>\n<p>\nOn May 24, 2019, KrebsOnSecurity.com reported a massive data exposure by FAF involving approximately 885 million customer files. Then, on October 22, 2020, FAF disclosed that, in relation to the 2019 data security breach, \u201c[i]n September 2020, the Company received a Wells Notice informing the Company that the [Securities and Exchange Commission] enforcement staff has made a preliminary determination to recommend a filing of an enforcement action by the SEC against the Company.\u201d\n<\/p>\n<p>\nThe Company has been sued in a securities class action lawsuit for failing to disclose material information, violating federal securities laws, which remains ongoing.\n<\/p>\n<p>\nKSF\u2019s investigation is focusing on whether FAF\u2019s officers and\/or directors breached their fiduciary duties to FAF\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 FAF 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-faf%2F&amp;esheet=52386804&amp;newsitemid=20210226005669&amp;lan=en-US&amp;anchor=https%3A%2F%2Fwww.ksfcounsel.com%2Fcases%2Fnyse-faf%2F&amp;index=1&amp;md5=1057fbb28185fad4337d15d7e804cdf6\">https:\/\/www.ksfcounsel.com\/cases\/nyse-faf\/<\/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=52386804&amp;newsitemid=20210226005669&amp;lan=en-US&amp;anchor=www.ksfcounsel.com&amp;index=2&amp;md5=e12f45b2fa5c34809ddaf121cf574718\">www.ksfcounsel.com<\/a>.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210226005669r1&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\/20210226005669\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210226005669\/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<\/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\/20210226005669\/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>FIRST AMERICAN FINANCIAL INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick &amp; Foti, LLC Investigates the Officers and Directors of First American Financial Corp. &#8211; FAF 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 First American Financial Corp. (\u201cFAF\u201d) (NYSE: FAF). On May 24, 2019, KrebsOnSecurity.com reported a massive data exposure by FAF involving approximately 885 million customer files. Then, on October 22, 2020, FAF disclosed that, in relation to the 2019 data security breach, \u201c[i]n September 2020, the Company received a Wells Notice informing the Company that the [Securities and Exchange Commission] &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/first-american-financial-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-first-american-financial-corp-faf-2\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;FIRST AMERICAN FINANCIAL INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick &amp; Foti, LLC Investigates the Officers and Directors of First American Financial Corp. &#8211; FAF&#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-446441","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>FIRST AMERICAN FINANCIAL INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick &amp; Foti, LLC Investigates the Officers and Directors of First American Financial Corp. - FAF - 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\/first-american-financial-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-first-american-financial-corp-faf-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FIRST AMERICAN FINANCIAL INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick &amp; Foti, LLC Investigates the Officers and Directors of First American Financial Corp. - FAF - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"FIRST AMERICAN FINANCIAL INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick &amp; Foti, LLC Investigates the Officers and Directors of First American Financial Corp. &#8211; FAF 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 First American Financial Corp. (\u201cFAF\u201d) (NYSE: FAF). On May 24, 2019, KrebsOnSecurity.com reported a massive data exposure by FAF involving approximately 885 million customer files. Then, on October 22, 2020, FAF disclosed that, in relation to the 2019 data security breach, \u201c[i]n September 2020, the Company received a Wells Notice informing the Company that the [Securities and Exchange Commission] &hellip; Continue reading &quot;FIRST AMERICAN FINANCIAL INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick &amp; Foti, LLC Investigates the Officers and Directors of First American Financial Corp. &#8211; FAF&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/first-american-financial-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-first-american-financial-corp-faf-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-02-27T03:53:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210226005669r1&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\\\/first-american-financial-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-first-american-financial-corp-faf-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/first-american-financial-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-first-american-financial-corp-faf-2\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"FIRST AMERICAN FINANCIAL 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 First American Financial Corp. (\u201cFAF\u201d) (NYSE: FAF). On May 24, 2019, KrebsOnSecurity.com reported a massive data exposure by FAF involving approximately 885 million customer files. Then, on October 22, 2020, FAF disclosed that, in relation to the 2019 data security breach, \u201c[i]n September 2020, the Company received a Wells Notice informing the Company that the [Securities and Exchange Commission] &hellip; Continue reading \"FIRST AMERICAN FINANCIAL INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick &amp; Foti, LLC Investigates the Officers and Directors of First American Financial Corp. &#8211; FAF\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/first-american-financial-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-first-american-financial-corp-faf-2\/","og_site_name":"Market Newsdesk","article_published_time":"2021-02-27T03:53:19+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210226005669r1&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\/first-american-financial-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-first-american-financial-corp-faf-2\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/first-american-financial-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-first-american-financial-corp-faf-2\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"FIRST AMERICAN FINANCIAL INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick &amp; 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