Izard Nobel LLP Announces Class Action Lawsuit against KKR Financial Holdings, LLC

The law firm of Izard Nobel LLP, which has significant experience representing investors in prosecuting claims of securities fraud, announces that a lawsuit seeking class action status has been filed in the United States District Court for the Southern District of New York on behalf of those who purchased the common stock of KKR Financial Holdings, LLC (“KFN” or the “Company”) (NYSE: KFN) pursuant to the Registration Statement and Prospectus (collectively, the “Registration Statement”) issued in connection with its May 4, 2007 merger and share issuance (“Merger”). The Complaint charges that KFN and certain of its officers and directors violated federal securities laws by issuing materially false statements. Specifically, it is alleged that, the Registration Statement was false and misleading in that it misrepresented and/or... [read full story]