Louisiana

GLOBAL PAYMENTS INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Global Payments, Inc. – GPN

Published

2 years ago

May 17, 2024

NEW ORLEANS, May 17, 2024 /PRNewswire/ — Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into Global Payments, Inc. (NYSE: GPN).

Global Payments, Inc., is the parent company of Active Network LLC (“Active”), which operates online event registration and payment services for camps and athletic events, providing members with discounts on various consumer products and services, such as wine tastings, sports apparel, and travel.

In October 2022, following widespread complaints that Active’s system caused consumers to mistakenly enroll in a trial membership, which automatically converted to a paid subscription if not cancelled within 30 days charging customers annual fees, the Consumer Financial Protection Bureau (“CFPB”) sued Active, alleging that its continued operation of the program violated federal law.

Thereafter, the Company and certain of its executives were also sued in a securities class action lawsuit, charging them with failing to disclose material information during the Class Period, violating federal securities laws. Recently, the court presiding over that case denied the Company’s motion to dismiss in part, allowing the case to move forward.

KSF’s investigation is focusing on whether Global’s officers and/or directors breached their fiduciary duties to its shareholders or otherwise violated state or federal laws.

If you have information that would assist KSF in its investigation, or have been a long-term holder of Global shares and would like to discuss your legal rights, you may, without obligation or cost to you, call toll-free at 1-833-938-0905 or email KSF Managing Partner Lewis Kahn ([email protected]), or visit us at https://www.ksfcounsel.com/cases/nyse-gpn/ to learn more.

About Kahn Swick & Foti, LLC

KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation’s premier boutique securities litigation law firms. KSF serves a variety of clients – including public institutional investors, hedge funds, money managers and retail investors – in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana and New Jersey.

To learn more about KSF, you may visit ksfcounsel.com.

Contact:
Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
[email protected]
1-877-515-1850
1100 Poydras St., Suite 960
New Orleans, LA 70163

SOURCE Kahn Swick & Foti, LLC

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Louisiana

Meta’s Louisiana Data Center to Surpass $250 Billion Price Tag

Published

4 hours ago

July 13, 2026

Press Room

Meta’s Louisiana Data Center to Surpass 0 Billion Price Tag

Meta Platforms Inc. has committed to spending an additional $40 billion on its sprawling data center campus in Louisiana, pushing its total expected investment beyond $250 billion for the site as it continues to grow its artificial intelligence computing footprint.

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Louisiana

DeRidder man found dead in Sabine River

Published

16 hours ago

July 12, 2026

Press Room

NEWTON COUNTY, Texas. (KPLC) – A DeRidder man reported missing was found dead in the Sabine River Sunday morning, according to the Newton County Sheriff’s Office.

Newton County Sheriff Colton Havard said Jordan Jamal Allen was located around 7:50 a.m. on July 12 with help from Texas Parks and Wildlife game wardens, the Beauregard Parish Sheriff’s Office, and 409 Search and Rescue.

Authorities say the body was recovered not far from where Allen went under Friday night near the U.S. 190 bridge east of Bon Wier at the Texas-Louisiana state line.

The sheriff said that Allen and a woman were said to be wading across the river Friday when the current began pulling the woman.

The sheriff said Allen tried to help her, but went under around 8:45 p.m. and wasn’t seen again. He said the woman made it back to land safely.

We will have more in this story as it develops.

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Louisiana

Check out the Outdoors calendar for fishing events

Published

1 day ago

July 12, 2026

Press Room

Check out the Outdoors calendar for fishing events

MONDAY

RED STICK FLY FISHERS PROGRAM: 7 p.m., Bluebonnet Regional Library, 9200 Bluebonnet Blvd., Baton Rouge. Open to the public. Email Brian Roberts: roberts.brian84@gmail.com. Website: rsff.org

WEDNESDAY

FLIES & FLIGHTS: 7-9 p.m, Rally Cap Brewing, 11212 Pennywood Ave., Baton Rouge. Casual fly tying. Open to public. Email Chris Williams: thefatfingeredflytyer@gmail.com

THURSDAY

ACADIANA FLY RODDERS PROGRAM: 6 p.m., Pack and Paddle, 601 E. Pinhook, Lafayette. Open to public. Email Darin Lee: at cbrsandcdc@gmail.com. Website: acadianaflyrodders.org

FRIENDS OF NRA/SOUTHWEST LA BANQUET: 6 p.m., Riverside Bar & Grill, 3748 Louisiana 3059, Lake Charles. Call Brack Cole 337-912-1620. Email: jbcoleair@yahoo.com

ONGOING

STATEWIDE TOURNAMENT & ANGLERS RODEO/S.T.A.R.: Through Sept. 7, Coastal Conservation Association’s summer-long fishing event. Tagged redfish, coastal/offshore species categories & youth division. CCA membership required. Website: ccalouisiana.com/star

LOTTERY HUNTS

DOVE/TEAL: July 27 application deadline for dove hunt on Elbow Slough Wildlife Management Area and teal hunt on White Lake Wetlands Conservation Area. Website applications only on Wildlife & Fisheries/Louisiana Outdoors License, Permits and Tags webpage. Fee $8.50. Details: dove hunt, David Hayden at dhayden@wlf.la.gov; teal hunt, Lance Ardoin at lardoin@wlf.la.gov

AROUND THE CORNER

JULY 21 — LAFAYETTE KAYAK FISHING CLUB MEETING: 6 p.m., Pack and Paddle, 601 E. Pinhook, Lafayette. Call 337-232-5854. Website: lafayettekayakfishing.com

JULY 21-22 — GULF COUNCIL SHRIMP COMMITTEE MEETING: Gulf Council office, 4107 W. Spruce St., Tampa, Florida. In conjunction with Scientific and Statistical committees. Website: gulfcouncil.org

JULY 23 — ACADIANA BUGS & BREWS: 6 p.m., Pack and Paddle, 601 E. Pinhook, Lafayette. Casual fly tying and local beers provided. Open to the public. Email Darin Lee: cbrsandcdc@gmail.com. Website: packpaddle.com

JULY 23-25 — International Grand Isle Tarpon Rodeo, Grand Isle Marina & Otto Candies Pavilion, Grand Isle. Website: tarponrodeo.org

JULY 24-25—BASSMASTER JUNIOR CHAMPIONSHIP: Kentucky Lake, Paris, Tennessee. Website: bassmaster.com

JULY 26 — SOUTH LOUISIANA HIGHPOWER CLUB MATCH: 8:30 a.m., Ascension Parish Sheriff’s Range, St. Landry Road, Gonzales. NRA XTC & F-Class match rifle or service rifle, 200-yard/50-rounds match course. Fee $15 members, $20 nonmembers, $5 juniors. $25 annual club (first match free) and Civilian Marksmanship Program membership (allows purchases from CMP). Call Mike Burke, 337-380-8120. Email: SouthLAHighPower@hotmail.com

FISHING/SHRIMPING

SHRIMP: Spring inshore season closed except for Breton/Chandeleur sounds; all outside waters open.

OPEN RECREATIONAL SEASONS: Private recreational red snapper; gray triggerfish; flounder; lane, blackfin, queen and silk snappers and wenchmen among other snapper species; all groupers except closed for goliath and Nassau groupers in state/federal waters.

CLOSED SEASONS: Greater amberjack; bluefin tuna; gag, goliath and Nassau groupers in state/federal waters. Commercial greater amberjack season closed.