SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Investors of Class Action Against Kansas City Southern & Its Board of Direct...
April 18 2014 - 10:20AM
Business Wire
Levi & Korsinsky announces that a class action lawsuit has
been commenced in the United States District Court for the Western
District of Missouri on behalf of investors who purchased Kansas
City Southern (“KCS” or the “Company”) (NYSE:KSU) common stock
between October 18, 2013 and February 18, 2014.
For more information, click here:
http://zlk.9nl.com/kansas-city-southern-ksu.
The complaint alleges that during the Class Period KCS issued
materially false and misleading statements and/or failed to
disclose material information regarding the Company’s financial
performance and future prospects.
On January 24, 2014, KCS issued a press release announcing
disappointing fourth quarter and fiscal 2013 financial results. The
Company also offered a disappointing earnings growth outlook for
fiscal 2014, despite positive statements made by defendants
throughout the Class Period. Then on February 18, 2014, it was
announced that the lower house of the Mexican legislature had
approved a new bill to increase rail competition in Mexico, by
giving third-party companies access to KCS’s exclusive freight and
passenger rail networks, and giving the government control over
tariffs.
If you suffered a loss in KCS you have until June 16, 2014 to
request that the Court appoint you as lead plaintiff. Your ability
to share in any recovery doesn’t require that you serve as a lead
plaintiff. To obtain additional information, contact Joseph E.
Levi, Esq. either via email at jlevi@zlk.com or by telephone at
(212) 363-7500, toll-free: (877) 363-5972, or visit
http://zlk.9nl.com/kansas-city-southern-ksu.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, Connecticut and Washington D.C. The firm’s 26
attorneys have extensive expertise in prosecuting securities
litigation involving financial fraud, representing investors
throughout the nation in securities and shareholder lawsuits. For
more information, please feel free to contact any of the attorneys
listed below. Attorney advertising. Prior results do not guarantee
similar outcomes.
Levi & Korsinsky, LLPJoseph Levi, Esq.Eduard Korsinsky,
Esq.Tel: 212-363-7500Toll Free: 877-363-5972Fax:
212-363-7171www.zlk.com
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