VIRTU FINANCIAL INVESTIGATION CONTINUED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of Virtu Financial, Inc. - VIRT

Core Viewpoint - Kahn Swick & Foti, LLC is investigating Virtu Financial, Inc. due to allegations of failing to implement effective information access barriers, which has led to scrutiny from regulators and a securities class action lawsuit against the company and its executives [1][2][3][4]. Group 1: Regulatory Scrutiny - Virtu Financial has been under intense scrutiny from finance media and regulators for allegedly failing to protect sensitive trading data, allowing employees unrestricted access [2]. - The company disclosed in early 2023 that it was responding to requests from the U.S. Securities and Exchange Commission (SEC) regarding its information access barriers and anticipates a Wells Notice from the SEC if no settlement is reached [2]. - On September 12, 2023, the SEC filed charges against Virtu Financial [2]. Group 2: Legal Actions - The company and certain executives are facing a securities class action lawsuit for failing to disclose material information during the Class Period, violating federal securities laws [3]. - A court has denied Virtu's motion to dismiss the class action lawsuit, allowing the case to proceed [3]. Group 3: Investigation Focus - KSF's investigation is centered on whether Virtu's officers and/or directors breached their fiduciary duties to shareholders or violated state or federal laws [4].