SOURCE: Kahn Swick & Foti, LLC
NEW ORLEANS, LA--(Marketwire - Nov 16, 2012) - Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until January 12, 2013 to file lead plaintiff applications in a securities class action lawsuit against Blyth, Inc. (NYSE: BTH), if they purchased the Company's common stock during the period between March 14, 2012 and November 6, inclusive (the "Class Period"). This action is pending in the United States District Court for the District of Connecticut.
What You May Do
If you purchased shares of Blyth 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, e-mail or call KSF Managing Partner, Lewis Kahn (email@example.com), toll free, 877-515-1850, or via cell phone any time at 504-301-7900. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by January 12, 2013.
About the Lawsuit
Blyth and certain of its senior executives are charged with issuing a series of materially false and misleading statements, during the Class Period, in violation of federal securities laws.
According to the complaint filed in the action, beginning on September 21, 2012 and ending on November 6, 2012, the Company issued a series of partial disclosures that revealed that Blyth was not performing according to guidance. Based on these belated revelations, shares of the Company declined from almost $35.00 to below $20.00 per share.
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.