{"id":457116,"date":"2021-03-12T22:53:16","date_gmt":"2021-03-13T03:53:16","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=457116"},"modified":"2021-03-12T22:53:16","modified_gmt":"2021-03-13T03:53:16","slug":"penumbra-96-hour-deadline-alert-former-louisiana-attorney-general-and-kahn-swick-foti-llc-remind-investors-with-losses-in-excess-of-100000-of-deadline-in-class-action-lawsuit-against-penumbr","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/penumbra-96-hour-deadline-alert-former-louisiana-attorney-general-and-kahn-swick-foti-llc-remind-investors-with-losses-in-excess-of-100000-of-deadline-in-class-action-lawsuit-against-penumbr\/","title":{"rendered":"PENUMBRA 96 HOUR DEADLINE ALERT: Former Louisiana Attorney General and Kahn Swick &amp; Foti, LLC Remind Investors With Losses in Excess of $100,000 of Deadline in Class Action Lawsuit Against Penumbra, Inc. &#8211; PEN"},"content":{"rendered":"<p>        <!--.bwuline { text-decoration: underline }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>\nPENUMBRA 96 HOUR DEADLINE ALERT: Former Louisiana Attorney General and Kahn Swick &amp; Foti, LLC Remind Investors With Losses in Excess of $100,000 of Deadline in Class Action Lawsuit Against Penumbra, Inc. &#8211; PEN\n<\/p>\n<p>NEW ORLEANS&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nKahn Swick &amp; Foti, LLC (&#8220;KSF&#8221;) and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have only until <b><span class=\"bwuline\">March 16, 2021<\/span><\/b> to file lead plaintiff applications in a securities class action lawsuit against Penumbra, Inc. (NYSE: PEN), if they purchased the Company\u2019s shares between August 3, 2020 and December 15, 2020, inclusive (the \u201cClass Period\u201d). This action is pending in the United States District Court for the Northern District of California.\n<\/p>\n<p>\nWhat You May Do\n<\/p>\n<p>\nIf you purchased shares of Penumbra 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 (<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-pen%2F&amp;esheet=52395360&amp;newsitemid=20210312005411&amp;lan=en-US&amp;anchor=https%3A%2F%2Fwww.ksfcounsel.com%2Fcases%2Fnyse-pen%2F&amp;index=1&amp;md5=1a400ffd3a7d66f6153f260616d526bd\">https:\/\/www.ksfcounsel.com\/cases\/nyse-pen\/<\/a> to learn more. If you wish to serve as a lead plaintiff in this class action by overseeing lead counsel with the goal of obtaining a fair and just resolution, you must request this position by application to the Court by <b><span class=\"bwuline\">March 16, 2021<\/span><\/b>.\n<\/p>\n<p>\nAbout the Lawsuit\n<\/p>\n<p>\nPenumbra and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.\n<\/p>\n<p>\nFollowing a series of prior negative disclosures, on December 15, 2020, post-market, the Company disclosed that it was issuing an \u201curgent\u201d and \u201cvoluntary\u201d recall of its Jet 7 Xtra Flex product because the catheter \u201cmay become susceptible to distal tip damage during use\u201d potentially leading to injury or death.\n<\/p>\n<p>\nOn this news, the price of Penumbra\u2019s shares declined, damaging investors.\n<\/p>\n<p>\nThe case is <i>Williams v. Penumbra, et al<\/i>., 21-cv-420.\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=52395360&amp;newsitemid=20210312005411&amp;lan=en-US&amp;anchor=www.ksfcounsel.com&amp;index=2&amp;md5=7c77a2235a1507efd504db26c64e20c1\">www.ksfcounsel.com<\/a>.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210312005411r1&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\/20210312005411\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210312005411\/en\/<\/a><\/span><\/p>\n<p>\nKahn Swick &amp; Foti, LLC<br \/>\n<br \/>Lewis Kahn, Managing Partner<br \/>\n<br \/><span class=\"bwuline\"><a rel=\"nofollow\" href=\"mailto:lewis.kahn@ksfcounsel.com\">lewis.kahn@ksfcounsel.com<br \/>\n<\/a><\/span><br \/>1-877-515-1850\n<\/p>\n<p><b>KEYWORDS:<\/b> United States North America Louisiana<\/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\/20210312005411\/en\/1050192\/3\/new-logo-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>PENUMBRA 96 HOUR DEADLINE ALERT: Former Louisiana Attorney General and Kahn Swick &amp; Foti, LLC Remind Investors With Losses in Excess of $100,000 of Deadline in Class Action Lawsuit Against Penumbra, Inc. &#8211; PEN NEW ORLEANS&#8211;(BUSINESS WIRE)&#8211; Kahn Swick &amp; Foti, LLC (&#8220;KSF&#8221;) and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have only until March 16, 2021 to file lead plaintiff applications in a securities class action lawsuit against Penumbra, Inc. (NYSE: PEN), if they purchased the Company\u2019s shares between August 3, 2020 and December 15, 2020, inclusive (the \u201cClass Period\u201d). This action is pending in the United States District Court for the Northern District of California. What You May Do &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/penumbra-96-hour-deadline-alert-former-louisiana-attorney-general-and-kahn-swick-foti-llc-remind-investors-with-losses-in-excess-of-100000-of-deadline-in-class-action-lawsuit-against-penumbr\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;PENUMBRA 96 HOUR DEADLINE ALERT: Former Louisiana Attorney General and Kahn Swick &amp; Foti, LLC Remind Investors With Losses in Excess of $100,000 of Deadline in Class Action Lawsuit Against Penumbra, Inc. &#8211; PEN&#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-457116","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>PENUMBRA 96 HOUR DEADLINE ALERT: Former Louisiana Attorney General and Kahn Swick &amp; Foti, LLC Remind Investors With Losses in Excess of $100,000 of Deadline in Class Action Lawsuit Against Penumbra, Inc. - PEN - 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\/penumbra-96-hour-deadline-alert-former-louisiana-attorney-general-and-kahn-swick-foti-llc-remind-investors-with-losses-in-excess-of-100000-of-deadline-in-class-action-lawsuit-against-penumbr\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PENUMBRA 96 HOUR DEADLINE ALERT: Former Louisiana Attorney General and Kahn Swick &amp; Foti, LLC Remind Investors With Losses in Excess of $100,000 of Deadline in Class Action Lawsuit Against Penumbra, Inc. - PEN - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PENUMBRA 96 HOUR DEADLINE ALERT: Former Louisiana Attorney General and Kahn Swick &amp; Foti, LLC Remind Investors With Losses in Excess of $100,000 of Deadline in Class Action Lawsuit Against Penumbra, Inc. &#8211; PEN NEW ORLEANS&#8211;(BUSINESS WIRE)&#8211; Kahn Swick &amp; Foti, LLC (&#8220;KSF&#8221;) and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have only until March 16, 2021 to file lead plaintiff applications in a securities class action lawsuit against Penumbra, Inc. (NYSE: PEN), if they purchased the Company\u2019s shares between August 3, 2020 and December 15, 2020, inclusive (the \u201cClass Period\u201d). This action is pending in the United States District Court for the Northern District of California. What You May Do &hellip; Continue reading &quot;PENUMBRA 96 HOUR DEADLINE ALERT: Former Louisiana Attorney General and Kahn Swick &amp; Foti, LLC Remind Investors With Losses in Excess of $100,000 of Deadline in Class Action Lawsuit Against Penumbra, Inc. &#8211; PEN&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/penumbra-96-hour-deadline-alert-former-louisiana-attorney-general-and-kahn-swick-foti-llc-remind-investors-with-losses-in-excess-of-100000-of-deadline-in-class-action-lawsuit-against-penumbr\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-13T03:53:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210312005411r1&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\\\/penumbra-96-hour-deadline-alert-former-louisiana-attorney-general-and-kahn-swick-foti-llc-remind-investors-with-losses-in-excess-of-100000-of-deadline-in-class-action-lawsuit-against-penumbr\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/penumbra-96-hour-deadline-alert-former-louisiana-attorney-general-and-kahn-swick-foti-llc-remind-investors-with-losses-in-excess-of-100000-of-deadline-in-class-action-lawsuit-against-penumbr\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"PENUMBRA 96 HOUR DEADLINE ALERT: Former Louisiana Attorney General and Kahn Swick &amp; 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PEN NEW ORLEANS&#8211;(BUSINESS WIRE)&#8211; Kahn Swick &amp; Foti, LLC (&#8220;KSF&#8221;) and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have only until March 16, 2021 to file lead plaintiff applications in a securities class action lawsuit against Penumbra, Inc. (NYSE: PEN), if they purchased the Company\u2019s shares between August 3, 2020 and December 15, 2020, inclusive (the \u201cClass Period\u201d). This action is pending in the United States District Court for the Northern District of California. What You May Do &hellip; Continue reading \"PENUMBRA 96 HOUR DEADLINE ALERT: Former Louisiana Attorney General and Kahn Swick &amp; Foti, LLC Remind Investors With Losses in Excess of $100,000 of Deadline in Class Action Lawsuit Against Penumbra, Inc. &#8211; PEN\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/penumbra-96-hour-deadline-alert-former-louisiana-attorney-general-and-kahn-swick-foti-llc-remind-investors-with-losses-in-excess-of-100000-of-deadline-in-class-action-lawsuit-against-penumbr\/","og_site_name":"Market Newsdesk","article_published_time":"2021-03-13T03:53:16+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210312005411r1&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\/penumbra-96-hour-deadline-alert-former-louisiana-attorney-general-and-kahn-swick-foti-llc-remind-investors-with-losses-in-excess-of-100000-of-deadline-in-class-action-lawsuit-against-penumbr\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/penumbra-96-hour-deadline-alert-former-louisiana-attorney-general-and-kahn-swick-foti-llc-remind-investors-with-losses-in-excess-of-100000-of-deadline-in-class-action-lawsuit-against-penumbr\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"PENUMBRA 96 HOUR DEADLINE ALERT: Former Louisiana Attorney General and Kahn Swick &amp; 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