NEW ORLEANS, Aug. 18, 2014 (GLOBE NEWSWIRE) -- Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until September 15, 2014 to file lead plaintiff applications in a securities class action lawsuit against NeuStar, Inc. (NYSE:NSR), if they purchased the Company's securities during the period between April 19, 2013 to June 6, 2014, inclusive (the "Class Period"). This action is pending in the United States District Court for the Eastern District of Virginia.
What You May Do
If you purchased shares of NeuStar 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, call toll-free at 1-877-515-1850, or email KSF Managing Partner Lewis Kahn (lewis.kahn@ksfcounsel.com) or KSF Partner Melinda Nicholson (melinda.nicholson@ksfcounsel.com). If you wish to serve as a lead plaintiff in this class action, you must petition the Court by September 15, 2014.
About the Lawsuit
NeuStar and certain of its executives are charged with issuing a series of materially false and misleading statements during the Class Period, violating federal securities laws.
These false statements and omissions included, in part, that NeuStar misrepresented and concealed its ability to maintain a critical series of contracts with a telecommunications industry group known as North American Portability Management LLC.
On June 6, 2014, a copy of a confidential email sent by an advisory group to the FCC stating that the group recommends that the FCC award the contract for telephone-numbers management to a competitor once the FCC's current contract with NeuStar expires was made available to the public. On this news, NeuStar's share price plummeted.
About Kahn Swick & Foti, LLC
To learn more about KSF, whose partners include the Former Louisiana Attorney General, Charles C. Foti, Jr., and other lawyers with significant experience litigating complex securities class actions nationwide on behalf of both institutional and individual shareholders, you may visit www.ksfcounsel.com.