ClaimsFiler, a FREE shareholder information service, reminds investors
that they have until May 31, 2019 to
file lead plaintiff applications in a securities class action lawsuit
against AT&T, Inc. (NYSE: T), if they purchased the Company’s 1)
securities between October 22, 2016 and October 24, 2018, inclusive (the
“Class Period”) and/or 2) shares issued in connection with its June 2018
acquisition of Time Warner. This action is pending in the United States
District Court for the Southern District of New York.
Get Help
AT&T investors should visit us at https://www.claimsfiler.com/cases/view-atampt-inc-securities-litigation
or call toll-free (844) 367-9658. Lawyers at Kahn Swick & Foti, LLC are
available to discuss your legal options.
About the Lawsuit
AT&T and certain of its executives are charged with failing to disclose
material information during the Class Period, violating federal
securities laws.
On October 24, 2018, following AT&T’s June 2018 acquisition of Time
Warner, the Company disclosed its 3Q2018 results for the first full
quarter post-Acquisition that included significant decreases in
traditional DirecTV and DirecTV Now subscribers, despite its prior
statements touting the expected subscriber growth potential.
On this news, the price of AT&T’s shares fell nearly 12%.
The case is Gross v. AT&T Inc. et al, 19-cv-2892.
About ClaimsFiler
ClaimsFiler has a single mission: to serve as the information source to
help retail investors recover their share of billions of dollars from
securities class action settlements. At ClaimsFiler.com, investors can:
(1) register for free to gain access to information and settlement
websites for various securities class action cases so they can timely
submit their own claims; (2) upload their portfolio transactional data
to be notified about relevant securities cases in which they may have a
financial interest; and (3) submit inquiries to the Kahn Swick & Foti,
LLC law firm for free case evaluations.
To learn more about ClaimsFiler, visit www.claimsfiler.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190503005545/en/