The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Press release from Business Wire

Shareholder Rights Law Firm Johnson & Weaver, LLP Announces Investigation of Kansas City Southern

Thursday, January 30, 2014

Shareholder Rights Law Firm Johnson & Weaver, LLP Announces Investigation of Kansas City Southern

18:46 EST Thursday, January 30, 2014

SAN DIEGO (Business Wire) -- Shareholder rights law firm Johnson & Weaver, LLP is investigating whether certain officers and directors of Kansas City Southern (NYSE: KSU) violated state or federal laws in connection with statements issued regarding Kansas City Southern's business, operations and financial prospects.

On January 24, 2014, before the markets opened, Kansas City Southern (KCS) issued a press release announcing its 2013 fourth quarter and fiscal financial results for the period ended December 31, 2013. The Company reported significantly lower results than the investment community had been led to expect based on prior guidance. The Company also offered a disappointing earnings growth outlook for fiscal 2014. On the news KCS stock plummeted $17.79 or 15% to $99.49.

This investigation will determine if shareholders of Kansas City Southern were misled by the timing of released information and the exclusion of material facts regarding business operations, and future outlook.

If you have information that could assist in this investigation, or if you are a Kansas City Southern shareholder and are interested in learning more about the investigation or your legal rights and remedies, please contact Jim Baker ( by email or by phone at 619-230-0063, Ext. 118.

Johnson & Weaver, LLP is a nationally recognized shareholders' rights law firm. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit Attorney advertising. Past results do not guarantee future outcomes.

Johnson & Weaver, LLP
Jim Baker, 619-230-0063, Ext. 118

  • Globe Unlimited

    Digital all access pass across devices. subscribe

  • The Globe and Mail Newspaper

    Newspaper delivered to your doorstep. subscribe

  • Globe2Go

    The digital replica of our newspaper. subscribe

  • Globe eBooks

    A collection of articles by the Globe. subscribe

See all Globe Products

Advertise with us

Your number one partner for reaching Canada's Influential Achievers. learn more

The Globe at your Workplace
Our Company
Customer Service
Globe Recognition
Mobile Apps
Other Sections