{"id":452136,"date":"2021-03-05T22:53:16","date_gmt":"2021-03-06T03:53:16","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=452136"},"modified":"2021-03-05T22:53:16","modified_gmt":"2021-03-06T03:53:16","slug":"leidos-holdings-shareholder-alert-by-former-louisiana-attorney-general-kahn-swick-foti-llc-reminds-investors-with-losses-in-excess-of-100000-of-lead-plaintiff-deadline-in-class-action-lawsui","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/leidos-holdings-shareholder-alert-by-former-louisiana-attorney-general-kahn-swick-foti-llc-reminds-investors-with-losses-in-excess-of-100000-of-lead-plaintiff-deadline-in-class-action-lawsui\/","title":{"rendered":"LEIDOS HOLDINGS SHAREHOLDER ALERT by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Reminds Investors With Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Leidos Holdings, Inc. – LDOS"},"content":{"rendered":"

<\/p>\n

\nLEIDOS HOLDINGS SHAREHOLDER ALERT by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Reminds Investors With Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Leidos Holdings, Inc. – LDOS\n<\/p>\n

NEW ORLEANS–(BUSINESS WIRE<\/a>)–
\nKahn Swick & Foti, LLC (\u201cKSF\u201d) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have untilMay 3, 2021<\/span><\/b> to file lead plaintiff applications in a securities class action lawsuit against Leidos Holdings, Inc. (NYSE: LDOS), if they purchased the Company\u2019s securities between May 4, 2020 and February 23, 2021, inclusive (the \u201cClass Period\u201d). This action is pending in the United States District Court for the Southern District of New York.\n<\/p>\n

\nWhat You May Do\n<\/p>\n

\nIf you purchased securities of Leidos and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (lewis.kahn@ksfcounsel.com<\/a>), or visit https:\/\/www.ksfcounsel.com\/cases\/nyse-ldos\/<\/a> to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by May 3, 2021<\/span><\/b>.\n<\/p>\n

\nAbout the Lawsuit\n<\/p>\n

\nLeidos and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.\n<\/p>\n

\nOn February 23, 2021, the Company disclosed disappointing 4Q and full year 2020 financial results, including only $163 million in sales (or $326 million annualized), falling well short of the projected $500 million sales, and expected cash flow of $850 million, well below analyst estimates of $1.083 billion.\n<\/p>\n

\nOn this news, shares of Leidos fell $10.29, or 9.91%, to close at $93.51 per share on February 23, 2021.\n<\/p>\n

\nThe case is Morton v. Leidos Holdings, Inc., et al.<\/i>, 1:21-cv-01911.\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\/20210305005615\/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> United States North America Louisiana<\/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":"

LEIDOS HOLDINGS SHAREHOLDER ALERT by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Reminds Investors With Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Leidos Holdings, Inc. – LDOS NEW ORLEANS–(BUSINESS WIRE)– Kahn Swick & Foti, LLC (\u201cKSF\u201d) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have untilMay 3, 2021 to file lead plaintiff applications in a securities class action lawsuit against Leidos Holdings, Inc. (NYSE: LDOS), if they purchased the Company\u2019s securities between May 4, 2020 and February 23, 2021, inclusive (the \u201cClass Period\u201d). This action is pending in the United States District Court for the Southern District of New York. What You May … <\/p>\n

Continue reading “LEIDOS HOLDINGS SHAREHOLDER ALERT by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Reminds Investors With Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Leidos Holdings, Inc. – LDOS”<\/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-452136","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nLEIDOS HOLDINGS SHAREHOLDER ALERT by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Reminds Investors With Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Leidos Holdings, Inc. - LDOS - 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\/leidos-holdings-shareholder-alert-by-former-louisiana-attorney-general-kahn-swick-foti-llc-reminds-investors-with-losses-in-excess-of-100000-of-lead-plaintiff-deadline-in-class-action-lawsui\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LEIDOS HOLDINGS SHAREHOLDER ALERT by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Reminds Investors With Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Leidos Holdings, Inc. - LDOS - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"LEIDOS HOLDINGS SHAREHOLDER ALERT by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Reminds Investors With Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Leidos Holdings, Inc. – LDOS NEW ORLEANS–(BUSINESS WIRE)– Kahn Swick & Foti, LLC (\u201cKSF\u201d) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have untilMay 3, 2021 to file lead plaintiff applications in a securities class action lawsuit against Leidos Holdings, Inc. (NYSE: LDOS), if they purchased the Company\u2019s securities between May 4, 2020 and February 23, 2021, inclusive (the \u201cClass Period\u201d). This action is pending in the United States District Court for the Southern District of New York. 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Foti, Jr., remind investors that they have untilMay 3, 2021 to file lead plaintiff applications in a securities class action lawsuit against Leidos Holdings, Inc. (NYSE: LDOS), if they purchased the Company\u2019s securities between May 4, 2020 and February 23, 2021, inclusive (the \u201cClass Period\u201d). This action is pending in the United States District Court for the Southern District of New York. 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