Louisiana
GLOBAL PAYMENTS INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Global Payments, Inc. – GPN
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
The last of two inmates who had been on the run since escaping from a jail in the southern Louisiana city of Opelousas earlier this month has been caught, officials said Friday. A third inmate who was also part of the escape died by suicide after being caught by police, authorities previously said.
Keith Anthony Eli II, 24, was taken into custody in Opelousas, St. Landry Parish Sheriff Bobby Guidroz said in a news release. Opelousas is located about 25 miles north of Lafayette.
Guidroz said Eli was captured by narcotics detectives and a SWAT team thanks to a tip.
At the time of his escape, Eli was held on an attempted second-degree murder charge.
The three men had escaped the St. Landry Parish Jail on Dec. 3 by removing concrete blocks from an upper wall area, Guidroz said at the time.
Authorities said the inmates then used sheets and other materials to scale the exterior wall, climb onto a first-floor roof and lower themselves to the ground, Guidroz said.
Escapee Jonathan Joseph, 24, was captured on Dec. 5. He is in custody on multiple charges, including first-degree rape.
Joseph Harrington, 26, faced several felony charges, including home invasion. On Dec. 4, one day after the escape, he was recognized by a tipster while pushing a black e-bike. Police found the e-bike at a neighboring home and heard a gunshot while trying to coax him to leave the building. He had shot himself with a hunting rifle, Port Barre Police Chief Deon Boudreaux said by telephone to The Associated Press.
The escape came more than seven months after 10 inmates broke out of a New Orleans jail. All ten of since been captured.
Victims speak on ‘Goon Squad’ sentencing
‘Goon Squad’ victims Michael Jenkins and Eddie Parker speak during a press conference after the sentencing at the Rankin County Circuit Court in Brandon, Miss., on Wednesday, April 10, 2024.
Eddie Terrell Parker, one of two men who settled a civil lawsuit against Rankin County and the Rankin County Sheriff’s Department in the “Goon Squad” case, was arrested Wednesday, Dec. 17, and is being held in a northeast Louisiana jail on multiple charges.
Louisiana State Police Senior Trooper Ryan Davis confirmed details of the incident to the Clarion Ledger via phone call on Friday, Dec. 19.
Davis said Parker was traveling east on Interstate 20 in Madison Parish, Louisiana, when a trooper observed Parker committing “multiple traffic violations.” Davis said the trooper conducted a traffic stop, identified themselves and explained the reason for the stop.
Parker was allegedly found in possession of multiple narcotics, along with at least one firearm.
Parker was booked around 8 p.m. Wednesday into the Madison Parish Detention Center in Tallulah, Louisiana, on the following charges, as stated by Davis:
- Possession of marijuana with intent to distribute
- Possession of ecstasy with intent to distribute
- Possession of methamphetamine with intent to distribute
- Possession of cocaine with intent to distribute
- Possession of drug paraphernalia
- Possession of a firearm in the presence of a controlled substance
- Possession of a firearm by a convicted felon
Details about the quantity of narcotics found in Parker’s possession were not immediately available.
Davis told the Clarion Ledger that Parker received a $205,250 bond after appearing before a judge.
Parker, along with another man named Michael Jenkins, was tortured and abused on Jan. 24, 2023, at a home in Braxton, at the hands of six former law enforcement officers who called themselves “The Goon Squad.” Parker and Jenkins filed a lawsuit in June 2023 against Rankin County and Rankin County Sheriff Bryan Bailey.
Each of the six former Mississippi law enforcement officers involved in the incident are serving prison time for state and federal charges. Those officers were identified as former Rankin County deputies Brett McAlpin, Hunter Elward, Christian Dedmon, Jeffrey Middleton and Daniel Opdyke, and former Richland police officer Joshua Hartfield.
Court documents show U.S. District Judge Daniel P. Jordan III issued an order on April 30 dismissing a $400 million lawsuit brought by Jenkins and Parker, saying that the two men had reached a settlement with the county and Bailey. Jenkins and Parker sought compensatory damages, punitive damages, interest and other costs.
According to court records, the case was dismissed with prejudice, meaning it cannot be refiled. However, the order stated that if any party fails to comply with settlement terms, any aggrieved party may reopen the matter for enforcement of the settlement.
Jason Dare, legal counsel for the Rankin County Sheriff’s Department, stated the settlement agreement totaled to $2.5 million. According to Dare, the settlement was not an admission of guilt on the county’s or the sheriff’s department’s part.
Pam Dankins is the breaking news reporter for the Clarion Ledger. Have a tip? Email her at pdankins@gannett.com.
The Port of South Louisiana on Thursday announced that Julia Fisher-Cormier has been selected as its new executive director.
The announcement follows a national search and a unanimous vote of a…
Already an INSIDER? Sign in.
Continue reading this story and get ACCESS to all our content from any device with a subscription now.
- Get access to more than a decade of story archives.
- Get access to our searchable data center of TOP LISTS.
- Get exclusive content only available to INSIDERS.
Players Arizona Should Watch on Utah’s Women’s Team
‘On the cusp of something very special.’ In Q&A, Vermont’s education secretary ponders the challenges and opportunities of ed reform. – VTDigger
Colorado, Deion Sanders to hire former highly-touted DC as defensive assistant
Atmospheric Rivers Spread Flood Threat To California | Weather.com
What time, TV channel is Johns Hopkins vs Wisconsin-River Falls game on today? Live stream, preview
Florida High School Football Rankings: Top 25 teams – Oct. 21
Cleary's 21 help Le Moyne down Central Connecticut State 69-64 in OT
How old is Bo Nix? What to know about Oregon quarterback ahead of 2024 NFL Draft
99th annual Pony Swim held in Virginia
Video: ‘It Didn’t Have to Happen This Way:’ U.Va. Faculty Call for Review of Police Response to Protests
Sen Murphy warns ‘people are going to die’ as Congress punts on expiring Obamacare subsidies
Ex-Pakistan PM Imran Khan, wife sentenced to 17 years in corruption case
U.S. launches strikes in Syria targeting Islamic State fighters after American deaths
Trump administration touts ‘most secure border in history’ as 2.5 million migrants exit US
How the reparations loan for Ukraine fell apart at the eleventh hour
-
Iowa5 days agoAddy Brown motivated to step up in Audi Crooks’ absence vs. UNI
-
Iowa7 days agoHow much snow did Iowa get? See Iowa’s latest snowfall totals
-
Maine4 days agoElementary-aged student killed in school bus crash in southern Maine
-
Maryland5 days agoFrigid temperatures to start the week in Maryland
-
Technology1 week agoThe Game Awards are losing their luster
-
South Dakota6 days agoNature: Snow in South Dakota
-
New Mexico3 days agoFamily clarifies why they believe missing New Mexico man is dead
-
Nebraska1 week agoNebraska lands commitment from DL Jayden Travers adding to early Top 5 recruiting class