Kahn Swick & Foti, LLC (KSF) and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors with large financial interests that they have only until November 5, 2018 to file lead plaintiff applications in a securities class action lawsuit against Philip Morris International Inc. (NYSE: PM). Investor losses must relate to purchases of the Companys shares between the expanded period of July 26, 2016 and April 18, 2018. This action is pending in the United States District Court for the Southern District of New York.

What You May Do

If you purchased shares of Philip Morris 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, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email ([email protected]), or visit https://www.ksfcounsel.com/cases/nyse-pm/ to learn more. If you wish to serve as a lead plaintiff in this class action by overseeing lead counsel with the goal of obtaining a fair and just resolution, you must request this position by application to the Court by November 5, 2018.

About the Lawsuit

On April 19, 2018, Philip Morris disclosed poor financial results for 1Q2018, including a 2.3% decline in combined cigarette and heated tobacco unit shipment volume, key sales initiatives that had stalled, plateau in growth due to market demographics and ineffective consumer conversion strategies, and that cigarette shipments had fallen by 5.3%. On this news, the price of Philip Morris shares plummeted to close at $85.64 on April 19, 2018.

About Kahn Swick & Foti, LLC

KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is a law firm focused on securities, antitrust and consumer class actions, along with merger & acquisition and breach of fiduciary litigation against publicly traded companies on behalf of shareholders. The firm has offices in New York, California and Louisiana.

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

Kahn Swick & Foti, LLC
Lewis Kahn, 1-877-515-1850
Managing
Partner
[email protected]

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