Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until June 1, 2015 to file lead plaintiff applications in a securities class action lawsuit against Quicksilver Inc. (NYSE:ZQK) if they purchased the Company’s securities between the expanded period of June 6, 2014 through March 26, 2015, inclusive (the “Class Period”). This action is pending in the United States District Court for the Central District of California.

What You May Do

If you purchased shares of Quicksilver 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). If you wish to serve as a lead plaintiff in this class action, you must petition the Court by June 1, 2015.

About the Lawsuit

Quicksilver and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws. 

On March 26, 2015, the Company announced that its Chief Executive Officer Andy Mooney had left the Company, to be replaced by the Company’s President Pierre Agnes, and that its Chief Financial Officer Richard Shields had also left the Company.  The Company also restated its selected quarterly fiscal year 2014 balance sheet data and income statement data.  The Company said it made errors when recording a writedown of the sale of its stake in Surfdome Shop Ltd.

On this news, the price of Quicksilver’s shares 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.

Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
lewis.kahn@ksfcounsel.com
1-877-515-1850
206 Covington St.
Madisonville, LA 70447