SUPERCOM INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Investigates SuperCom for Possible Securities Fraud

NEW ORLEANS--()--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 SuperCom Ltd. (NasdaqCM: SPCB).

On November 30, 2015, SuperCom announced preliminary third quarter fiscal 2015 revenue of $5.5-$6.1 million, significantly lower than its revenue target and analysts’ expectation of $13.38 million. SuperCom also reduced its fiscal 2015 revenue and earnings guidance.

On this news, the price of SuperCom’s stock plummeted by 40%.

KSF’s investigation is focusing on whether SuperCom and/or its officers and directors violated state or federal securities laws, particularly in connection with the June 23, 2015 Secondary Offering.

If you are a SuperCom shareholder who purchased your shares in connection with the June 23, 2015 Secondary Offering and has suffered losses, you may, without obligation or cost to you, call toll-free at 1-877-515-1850 or email KSF Managing Partner Lewis Kahn (lewis.kahn@ksfcounsel.com).

About Kahn Swick & Foti, LLC

KSF, whose partners include the 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.

Contacts

Kahn Swick & Foti, LLC
Lewis Kahn, 1 877-515-1850
Managing Partner
lewis.kahn@ksfcounsel.com

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