ANHEUSER-BUSCH SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Anheuser-Busch InBev SA/NV - BUD

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Jun 26, 2019, 19:00 ET

NEW ORLEANS, June 26, 2019 /PRNewswire/ -- Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until August 20, 2019 to file lead plaintiff applications in a securities class action lawsuit against Anheuser-Busch InBev SA/NV (NYSE: BUD), if they purchased the Company's American Depositary Shares ("ADS") between March 1, 2018 and October 24, 2018, inclusive (the "Class Period"). This action is pending in the United States District Court for the Southern District of New York.

What You May Do

If you purchased ADS of Anheuser-Busch 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-bud/ to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by August 20, 2019.

About the Lawsuit

Anheuser-Busch and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.

On October 25, 2018, the Company disclosed its Q3 and 9 months 2018 results, revealing that it had slashed dividends by 50% to "accelerate deleveraging toward our optimal capital structure of around a 2x net debt to EBITDA ratio" contradicting prior positive statements made by the Company regarding its deleveraging outlook and financial condition.

On this news, the price of Anheuser-Busch's ADS declined approximately 9.5%.

The case is City of Sterling Heights General Employees' Retirement System v. Anheuser-Busch Inbev, 19-cv-5854.

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.

Contact:

Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
[email protected]
1-877-515-1850
1100 Poydras St., Suite 3200
New Orleans, LA 70163

SOURCE Kahn Swick & Foti, LLC