COBALT ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Reminds Cobalt Investors and Note Holders with Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Cobalt International Energy, Inc.

NEW ORLEANS--()--Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until February 2, 2015 to file lead plaintiff applications in a securities class action lawsuit against Cobalt International Energy, Inc. (NYSE: CIE) if they purchased the Company’s securities between February 21, 2012 and November 4, 2014, inclusive (the “Class Period”), including persons who purchased or otherwise acquired:

(i) Cobalt securities on the open market;

(ii) Cobalt's common stock pursuant and/or traceable to registered public offerings conducted on or about February 23, 2012, January 16, 2013 and May 8, 2013;

(iii) Cobalt's 2.65% Convertible Senior Notes due 2019, pursuant and/or traceable to the registered public offering conducted on or about December 12, 2012; and/or

(iv) Cobalt’s Convertible Senior Notes due 2024, pursuant and/or traceable to the registered public offering conducted on or about May 8, 2014 (collectively, the “Offerings”).

This action is pending in the United States District Court for the Southern District of Texas.

What You May Do

If you purchased shares of Cobalt 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, call toll-free at 1-877-515-1850 or email KSF Managing Partner Lewis Kahn ( If you wish to serve as a lead plaintiff in this class action, you must petition the Court by February 2, 2015.

About the Lawsuit

Cobalt, certain of its executives, and the underwriters of the Offerings are charged with failing to disclose material information in connection with the offerings and during the Class Period, violating federal securities laws.

The action alleges that Cobalt obtained access to its wells in Angola by partnering with shell companies in Angola that were partially owned by high-level Angolan officials, putting the Company at serious risk of enforcement action by the SEC and U.S. Department of Justice for violations of the Foreign Corrupt Practices Act and the federal securities laws. The action also alleges that Cobalt misrepresented the value of its wells in Angola. Cobalt's alleged misrepresentations inflated the value of Cobalt stock, and when the truth was revealed, the value of the Company’s stock plummeted.

About Kahn Swick & Foti, LLC

To learn more about KSF, whose partners include the Former Louisiana Attorney General, Charles C. Foti, Jr., and other lawyers with significant experience litigating complex securities class actions nationwide on behalf of both institutional and individual shareholders, you may visit


Kahn Swick & Foti, LLC
Lewis Kahn, 1-877-515-1850
Managing Partner

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