TENGASCO INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Merger of Tengasco, Inc. - TGC

NEW ORLEANS, Dec. 16, 2020 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed merger of Tengasco, Inc. (NYSE: TGC) with Riley Exploration–Permian, LLC, pursuant to which Tengasco shareholders will end up owning just 5% of the combined company. KSF is seeking to determine whether the merger and the process that led to it are adequate, or whether the merger undervalues the Company.

Kahn Swick & Foti, LLC ("KSF") - - not all law firms are created equal. Visit www.ksfcounsel.com to learn more about KSF. (PRNewsfoto/Kahn Swick & Foti, LLC)
Kahn Swick & Foti, LLC ("KSF") - - not all law firms are created equal. Visit www.ksfcounsel.com to learn more about KSF. (PRNewsfoto/Kahn Swick & Foti, LLC)

If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn (lewis.kahn@ksfcounsel.com) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nyse-tgc/ to learn more.

To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.

Kahn Swick & Foti, LLC
1100 Poydras St., Suite 3200
New Orleans, LA 70163

Cision
Cision

View original content to download multimedia:http://www.prnewswire.com/news-releases/tengasco-investor-alert-by-the-former-attorney-general-of-louisiana-kahn-swick--foti-llc-investigates-merger-of-tengasco-inc---tgc-301194721.html

SOURCE Kahn Swick & Foti, LLC

Latest Stories

  • Exclusive: Fate Winslow, sentenced to life in prison for selling $20 worth of pot, is released after serving 12 years

    More than a decade into a life sentence for assisting in the sale of $20 worth of marijuana to an undercover cop in Louisiana, Fate Winslow is set to be released on Wednesday. "Today redemption has come," he told Yahoo News in an email.

  • One of the most isolated spots on earth faces a massive COVID wave

    Gaza has recorded just over 29,000 COVID-19 cases since the pandemic began, but it is now averaging about 1,000 new cases a day, driving that total figure up rapidly. While many countries have been hit hard by COVID-19, Gaza’s problems are made worse by blockade, which has devastated the economy.

  • ‘I’m not saying they’re not a bunch of f*****s’: Biden’s deputy chief of staff pick says of working with Republicans

    Jen O’Malley Dillon became first woman to manage successful Democratic presidential campaign this year

  • Trump is reportedly considering a pardon for the Trump Organization's chief financial officer

    Over the last six weeks, so many people have been calling and emailing the West Wing seeking pardons that White House staffers have had to create a spreadsheet to keep track of the requests, CNN reports."It's turned crazy," one person familiar with the matter said. "There's a lot of activity." The queries have been coming in from business associates close to Trump as well as high-profile criminals, CNN reports, and when people can't reach the president, they contact his son-in-law, Jared Kushner, or White House chief of staff Mark Meadows. After Trump goes over their case summaries, he often asks his friends for their opinions on whether a person deserves a pardon.As of now, Trump is contemplating pardons for more than two dozen people within his circle, CNN reports. One person he is considering for clemency is Allen Weisselberg, the chief financial officer of the Trump Organization. Weisselberg has been investigated for his involvement in arranging hush money payments to Stormy Daniels, the adult film star who said she had an affair with Trump.Trump aides told CNN that the president is spiraling and devolving further into denial about the election, which he lost. Trump has told aides he won't leave the White House on Inauguration Day, but is then talked out of it. "He's throwing a f---ing temper tantrum," one adviser told CNN. "He's going to leave. He's just lashing out."More stories from theweek.com Joe Biden still doesn't get it Trump claims fired cybersecurity expert Chris Krebs was 'excoriated' during his Senate hearing. He wasn't. Republicans' hedonic treadmill problem

  • Turkish 'intelligence agent' claims he was ordered to assassinate Austrian politician

    A suspected Turkish intelligence agent turned whistleblower is being held under arrest in Austria after he handed himself in to authorities claiming he had been ordered to assassinate a prominent politician. In a clear sign Austrian authorities are taking the claims seriously, the targetted politician has been under police protection since the investigation started and is not allowed to leave her home without a bullet-proof vest. Lawyers for the arrested man, Feyyaz Öztürk, an Italian citizen of Turkish heritage, will confirm only that he is being held on charges of spying for a foreign state and that he willingly turned himself in to the Austrian authorities. Prosecutors refused to comment on the grounds the investigation is ongoing. But a police report on his initial interrogation leaked to the Austrian press and seen by the Daily Telegraph reveals details of his claims, that, if proved, would raise serious concerns over how far Turkey is prepared to go to silence its critics under President Recep Tayyip Erdogan — and whether it is ready to resort to assassinations on European soil. In the interrogation, Mr Öztürk claims he was blackmailed by Turkey’s MIT intelligence service into taking part in an operation to assassinate Berivan Aslan, an Austrian regional politician of Kurdish heritage. “It wasn’t important whether she got hurt or died,” he told Austrian police. The aim, he claimed, was to “spread chaos” and for Ms Aslan and others to “get the message.” He also claimed violent attacks were planned against two other politicians, including Peter Pilz, a household name in Austria and the former leader of the opposition Now party. When offered the opportunity, Daniel Mozga, Mr Öztürk’s lawyer. declined to challenge the authenticity of the leaked report. He confirmed a police interrogation had taken place shortly before it was first published by a news website run by Mr Pilz. In what has become a major embarrassment to the Austrian authorities, Mr Öztürk attempted to hand himself in at a police station in the southern city of Graz in April but was turned away because of coronavirus rules — a detail confirmed by Mr Mozga.

  • Tulsi Gabbard Introduces Bill to Block Abortion of Fetuses Capable of Feeling Pain

    Representative Tulsi Gabbard (D., Hawaii) introduced a bill on Wednesday that would outlaw abortions for fetuses capable of feeling pain.The pro-life group Democrats for Life in America announced the content of the bill on Facebook and in an online petition. While the bill has been submitted to the House, its full text was not immediately available, and it was not clear what week of pregnancy Gabbard's bill designates as the limit for obtaining an abortion. Similar legislation has designated the 20th week of pregnancy as the cutoff."Former Democratic Presidential Candidate Tulsi Gabbard introduced her SECOND Pro-Life bill this week, which would amend Title 18 of the U.S. code to give pain-capable fetuses rights under the law," DFLA wrote on Facebook. "Tulsi has previously voted against this bill three times, but is now the SPONSOR of the new bill. This is proof that DFLA can convince Democrats to join the right side of history."Last week, Gabbard also introduced legislation that aims to ensure medical care to babies born alive after an attempted abortion. National Review has reached out to Gabbard's office for comment.Gabbard ran for president in the Democratic primary, but polled well below other candidates throughout the race. The Hawaii representative dropped out in mid-March and endorsed Joe Biden.In October 2019, Gabbard announced that she would not run for reelection to the House in Hawaii. It is unclear what the congresswoman's plans are for when she leaves office.

  • 'China does not honor its agreements,' U.S. admiral says after meeting no-show

    The U.S. military on Wednesday slammed China for failing to appear at virtual, senior-level meetings slated for this week, with the top U.S. admiral for the Asia-Pacific saying it was "another example that China does not honor its agreements." "This should serve as a reminder to all nations as they pursue agreements with China going forward,” Admiral Phil Davidson, the commander for U.S. Indo-Pacific Command, said in a statement. China had been expected to participate in Dec. 14-16 meetings related to the Military Maritime Consultative Agreement (MMCA) focused on maritime safety, the command said.

  • Texas man found in bed with dead bodies after allegedly killing wife, children

    The children’s bodies were wrapped in blankets and comforters beside their mother. Officers in Texas discovered a gruesome scene when they entered a home in Copperas Cove. Bryan Richardson, 27, was found lying in bed with his wife and two children’s deceased bodies when Copperas Cove police discovered them.

  • Ex-Houston cop hired by GOP megadonor arrested for aggravated assault while hunting fake ballots

    Police in Houston arrested a former Houston Police captain on Tuesday, charging him with aggravated assault with a deadly weapon for allegedly running an appliance repair truck off the road and holding its driver at gunpoint in a failed bid to find fake ballots. The former cop, Mark Aguirre, had been hired by the Liberty Center for God and Country, a conservative group led by Republican megadonor Steven Hotze, to find evidence of the widespread voter fraud conservatives baselessly believed was being carried out in Harris County, The Texas Tribune reports."We are lucky no one was killed," Harris County District Attorney Kim Ogg said in a statement. "His alleged investigation was backward from the start — first alleging a crime had occurred and then trying to prove it happened." The assault charges carry up to 20 years in jailAguirre told authorities he had been tailing the air conditioner repair technician for four days, aided by two other people, before forcing him off the road Oct. 19. He said he believed the technician was behind a huge voter fraud scheme and was carrying some of the 750,000 fake ballots Aguirre believed were in his possession. "There were no ballots in the truck," the Harris County district attorney's office said. "It was filled with air conditioning parts and tools." One of the people accompanying Aguirre allegedly stole the technician's van after Aguirre forced him to the ground at gunpoint, abandoning the vehicle a few blocks away.A lawyer for Hotze told the Tribune that the Liberty Center had hired a company led by Aguirre to investigate voter fraud ahead of the election, but said Hotze "did not direct or lead any of the investigations." The Houston Police Department fired Aguirre in 2003 after a controversial raid at a Kmart parking lot, the Houston Chronicle reports. CNN's John Avlon compared Aguirre's actions to the "Pizzagate" debacle.> Former Houston police captain charged with pointing gun at air-conditioner repairman, believing he was a voter fraud 'mastermind'. @JohnAvlon pic.twitter.com/MrTqfttGqY> > — CNN Early Start (@EarlyStart) December 16, 2020Hotze was one of the Texas Republicans who unsuccessfully sued to stop Gov. Greg Abbott (R) from extending early voting this year and tried to get 127,000 Harris County ballots thrown out. Earlier this year, the Tribune reports, he called Abbott's chief of staff and urged the governor to shoot and kill people protesting the police killing of George Floyd.More stories from theweek.com Trump is reportedly considering a pardon for the Trump Organization's chief financial officer Joe Biden still doesn't get it Trump claims fired cybersecurity expert Chris Krebs was 'excoriated' during his Senate hearing. He wasn't.

  • ‘People are angry!’: Trump turns on Mitch McConnell after key ally finally endorses Biden

    President shared a news article that featured comments suggesting Mr McConnell isn’t a patriot because his wife is Asian

  • Indian farmer becomes rich after ploughing over a 14.98 carat diamond

    A farmer from a rural part of India's Madhya Pradesh became rich overnight after finding a 14.98 carat diamond in his leased land. Lakhan Yadav, 45, of Krishna-Kalyanpur village in Madhya Pradesh sold the diamond for £61,330 at auction on Tuesday. Mr Yadav found the diamond in his land nearly 20 km away from his village. “It’s sheer luck. You get it once in life. Everybody doesn’t get it,” Mr Yadav told Daily Telegraph. Mr Yadav found the fortune in the 625 square feet of land that he had taken on lease from the government. The farmer owns two hectares bought with the compensation money, two buffaloes, and now a motorcycle that he bought with the first payment he was given after depositing the diamond with the district administrion. During the nationwide Covid lockdown his school-aged children would tend to the buffaloes at home and he went to dig land. Mr Yadav, who is illiterate, now wants to spend the money to educate his children. “With this money, anything is possible. I will build a new house and spend money on the education of my children,” he said. Mr Yadav said he would put the rest of his money into a bank account so that he can live on the interest from it in his old age. “I am not capable of investing this money because I am illiterate. I want my children to study well and then spend the money wisely,” he said. However, striking it lucky once was not enough and Mr Yadav wants to continue his search for more diamonds. “A person is never satisfied with money and life. No one wants an end to his life and no one wants that he should not get more money,” he said. Madhya Pradesh is richly endowed with mineral wealth. It is the sole producer of diamond in India.

  • Peru says China's Sinopharm may resume coronavirus vaccine trial after volunteer's illness

    The Peruvian health minister said on Wednesday that China's Sinopharm could resume a trial for its coronavirus vaccine in the hard-hit Andean nation, just days after authorities suspended the tests to better understand why a volunteer had fallen ill. Health authorities announced over the weekend that the Sinopharm trial would be temporarily halted as a safety measure after a volunteer experienced decreased strength in his legs, among other symptoms. "We have had several meetings with Sinopharm and ... the suspension has been lifted today (Wednesday)," Health Minister Pilar Mazzetti said.

  • Man charged with DUI in box truck collision with bicyclists that killed 5 near Las Vegas

    The riders died on U.S. Highway 95 last week near Las Vegas due to "reckless behavior" by the defendant, the Clark County district attorney said.

  • New body camera video shows moments after Arbery shooting

    Police began arriving almost immediately after Ahmaud Arbery was shot in a Georgia subdivision, finding the unarmed Black man lying facedown while the man who shot him paced with hands on his head.

  • Azar says Trump administration negotiating to buy more Pfizer vaccines after passing on earlier offer

    Health and Human Services Secretary Alex Azar told reporters Wednesday that U.S. officials "are engaged in active negotiations" with Pfizer to purchase more of the company's COVID-19 vaccines, per Politico. The comment seemingly backs up an earlier report from The New York Times, in which anonymous sources familiar with the matter said the same thing.The Trump administration this summer reportedly turned down an offer to expand on the initial order to buy more than 100 million vaccine doses, and Pfizer went on to strike agreements with other governments, including the European Union. That raised some questions stateside, though it seems the administration was hedging its bets since several other vaccine candidates have appeared promising, as well.The shot developed by Pfizer and BioNTech was the first rolled out in the U.S., however, and there is widespread confidence in its efficacy and safety, so it seems the White House is working to enhance its supply after all. Read more at Politico.More stories from theweek.com Trump is reportedly considering a pardon for the Trump Organization's chief financial officer Joe Biden still doesn't get it Trump claims fired cybersecurity expert Chris Krebs was 'excoriated' during his Senate hearing. He wasn't.

  • Pro-Trump election lawyer shares racist slur about Mitch McConnell’s wife

    Fringe attorney also says senate leader ‘decided to aid and abet the biggest criminal fraud and coup in history’

  • 27 Best Coffee Table Books to Buy & Gift This Year

    Discover the top tomes for every interest—from fashion to design to travel–that our editors loved this yearOriginally Appeared on Architectural Digest

  • China Forces Hundreds of Thousands of Uyghurs to Work in Xinjiang Cotton Fields: Report

    China forces hundreds of thousands of Uyghurs, Kazakhs, and Tibetans to pick cotton in fields of Xinjiang Province, according to a new report from the non-partisan think tank Center for Global Policy.Around 85 percent of China's raw cotton supply, and 20 percent of the world's supply, comes from Xinjiang. Swedish clothing company H&M severed ties with its Xinjiang supplier in September over forced labor accusations.There is "strong evidence that the production of the majority of Xinjiang’s cotton involves a coercive, state-run program targeting ethnic minority groups," the CGP report concludes.The report, based on Chinese government documents and media reports, was authored by Dr. Adrian Zenz, a senior fellow at the Victims of Communism Memorial Foundation. Zenz has written extensive reports on the Chinese government's reeducation camps for Uyghurs and other minorities, as well as China's program of forced sterilization for Uyghur women.At least 570,000 people from three Uyghur regions alone were mobilized for forced labor in cotton fields in 2018, Zenz writes. However, "Xinjiang’s total labor transfer of ethnic minorities into cotton picking likely exceeds that figure by several hundred thousand."Around 70 percent of Xinjiang cotton is hand-picked, including nearly all of its high-quality cotton mainly sourced from Uyghur regions. Policy documents and media reports reviewed by Zenz indicate that the forced labor programs are justified by alleviating alleged "backwards" Uyghur attitudes toward work."Since cotton picking is hard work, state propaganda accounts of mobilizing pickers have the overarching theme of overcoming workers’ reticence to participate in the scheme," Zenz writes. "This is unilaterally ascribed to two main factors: their outdated and backward employment views, which are said to cause minorities to be stuck in their traditional ways of making a living; and an ingrained laziness and lack of work discipline, even a lack of valuing work."The U.S. has banned some, but not all, imports of cotton and textiles from Xinjiang. The Senate is considering passing the Uyghur Forced Labor Prevention Act, which would ban the import of any products made with forced labor in Xinjiang. Multinational corporations including Apple, Coca-Cola, and Nike, and pro-business groups including the U.S. Chamber of Commerce, are reportedly lobbying to water down the legislation.

  • WHO says Beijing welcomes COVID-19 investigators trip to China

    Beijing will welcome an international team of COVID-19 investigators due to travel to China in January, said the World Health Organization (WHO), which is leading the mission. China has strongly opposed calls for an international inquiry into the origins of the coronavirus, saying such calls are anti-China, but has been open to a WHO-led investigation. However, it was unclear whether the WHO investigators will travel to the city of Wuhan where the virus was first detected, with discussions on the itinerary ongoing.

  • Suspect arrested in shooting that left 3 dead at Texas car dealership, building

    The accused gunman, who was unidentified by police, was charged with capital murder and held at Tarrant County Jail with a $1 million bond.