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Kohlberg Capital Corporation (KCAP)

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Last Post: 6/21/2017 8:34:46 PM - Followers: 10 - Board type: Free - Posts Today: 0

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Bronstein, Gewirtz & Grossman, LLC Announces Class Action LawsuitAgainst Kohlberg Capital Corporation

Jan 4, 2010 11:49:20 (ET)

 

NEW YORK, NY, Jan 04, 2010 (MARKETWIRE via COMTEX) -- Bronstein, Gewirtz & Grossman, LLC announces that a class action has been filed in the United States District Court for the Southern District of New York on behalf of those who purchased or otherwise acquired stock of Kohlberg Capital Corporation ("Kohlberg" or the "Company") (KCAP, Trade ) during the period between March 16, 2009 through and including December 24, 2009 (the "Class Period").

The Complaint charges that Kohlberg and two of its top executive officers violated the federal securities laws by issuing false and misleading financial statement during the Class Period. The Complaint alleges that defendants violated Generally Accepted Accounting Principles by failing to properly account for fair value of it investment portfolio. The Complaint further alleges that the Company misrepresented its efforts with its auditor, Deloitte and Touche LLP, to resolve issues regarding Kohlberg's fair value accounting. When these allegations came to light, the market value of Kohlberg securities dropped damaging investors.

No Class has yet been certified in the above action. If you wish to review a copy of the Complaint, to discuss this action, or have any questions, please contact either Peretz Bronstein or Eitan Kimelman of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484 or via email eitan@bgandg.com. Those who inquire by e-mail are encouraged to include their mailing address and telephone number. March 1, 2010 is the deadline for investors to seek a lead plaintiff appointment.

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate work, private securities offerings, and securities arbitration.

 

 Contact: Peretz Bronstein or Eitan Kimelman Bronstein, Gewirtz & Grossman, LLC 212-697-6484 Email Contact    

 

SOURCE: Bronstein, Gewirtz & Grossman, LLC

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KCAP News: KCAP Financial, Inc. Announces Third Quarter 2017 Financial Results 11/07/2017 08:50:56 AM
KCAP News: Quarterly Report (10-q) 11/07/2017 08:49:29 AM
KCAP News: KCAP Financial, Inc. Announces the Pricing of a $695.8 Million Reset and Upsized CLO Fund Managed by Trimaran Advisors, L.L.C... 10/16/2017 05:45:34 PM
KCAP News: Current Report Filing (8-k) 09/25/2017 06:02:46 AM
KCAP News: KCAP Financial, Inc. Announces Quarterly Distribution 09/22/2017 04:44:31 PM
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#17   .12 divi coming up Chance683 06/21/17 08:34:46 PM
#16   Dividends make companies like KCAP worth holding. mdimport 07/02/14 09:58:04 AM
#15   The current annualized dividend paid by KCAP Financial 10times7 10/04/13 12:15:15 AM
#14   Bought 800 shares @ 10.28 white jr 07/31/13 11:15:00 PM
#13   Looks better and better ! sanbrunobaby 05/29/13 02:05:11 PM
#12   KCAP chart: khamil 02/05/13 12:19:08 PM
#11   Good solid stock good divy bought in Sept Easy Money 12/05/11 10:25:28 PM
#10   KCAP NEWS!! Multi-Pennys 09/15/11 09:17:08 AM
#9   Dec 15, 2009 08:09:50 (ET) Macoun 12/15/09 10:59:17 AM
#8   Last PR: Macoun 12/14/09 10:24:21 AM
#7   Any other KCAP's on IHUB? Macoun 12/14/09 10:22:39 AM
#6   Q3 earnings are expected to be announced on Macoun 12/14/09 10:22:12 AM
#5   Kohlberg Capital Corporation is an internally managed, non-diversified, Macoun 12/14/09 10:21:10 AM
#4   not really - check out DNN - it's inflationista 07/15/09 02:20:51 PM
#3   mooooooo! ; good find1 r u following mlkrborn 07/15/09 01:02:53 PM
#2   still showing strength with the golden cross coming inflationista 06/18/09 03:16:31 PM
#1   pulled back from the 200 dma - inflationista 06/04/09 10:20:25 AM
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