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IMPORTANT SHAREHOLDER ALERT: Khang & Khang LLP Announces the Filing of a Securities Class Action Lawsuit against Fifth Street Finance Corp. and Encourages Investors to Contact the Firm
[October 06, 2015]

IMPORTANT SHAREHOLDER ALERT: Khang & Khang LLP Announces the Filing of a Securities Class Action Lawsuit against Fifth Street Finance Corp. and Encourages Investors to Contact the Firm


Khang & Khang LLP (the "Firm") announces that a class action lawsuit has been filed against Fifth Street Finance Corp. ("Fifth Street Finance" or the "Company") (FSC). Investors who purchased or otherwise acquired shares between July 7, 2014 and February 6, 2015, inclusive (the "Class Period") are encouraged to contact the Firm immediately to discuss their legal options.

If you purchased shares of Fifth Street Finance during the Class Period, please contact Joon M. Khang, Esquire, of Khang & Khang, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA (News - Alert) 92612, by telephone: (949) 419-3834, or by email at [email protected].

There has been no class certification in this case. Until certiication occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member.



According to the complaint, Fifth Street Finance was involved in a fraudulent scheme to artificially inflate the Company's assets and investment income to increase Fifth Street Asset Management's revenue by: (1) pushing Fifth Street Finance into increasingly risky investments at unsustainable leverage levels; (2) delaying the write down of impaired investments to create the appearance of increasing revenues for Fifth Street Asset Management; and (3) systematically overstating the income generated by Fifth Street Finance's investments and the fair value of its portfolio.

If you purchased shares of Fifth Street Finance during the Class Period you have until November 30, 2015 to ask the Court to appoint you as lead plaintiff. If you wish to learn more about this lawsuit, or if you have any questions concerning this notice or your rights, please contact Joon M. Khang, a prominent litigator for almost two decades, by telephone: (949) 419-3834, or by email at [email protected].


This press release may constitute Attorney Advertising in some jurisdictions.


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