LOS ANGELES, June 26, 2017 /PRNewswire/ -- Lundin Law PC, a shareholder rights firm, announces the filing of a class action lawsuit against CenturyLink, Inc. ("CenturyLink" or the "Company") (NYSE: CTL) for possible violations of federal securities laws between February 27, 2014 and June 15, 2017 inclusive (the "Class Period"). Investors who purchased or otherwise acquired shares during the Class Period should contact the firm prior to the August 21, 2017 lead plaintiff motion deadline.
To participate in this class action lawsuit, click here.
You can also call Brian Lundin, Esq., of Lundin Law PC, at 888-713-1033, or e-mail him at firstname.lastname@example.org.
No class has been certified in the above action yet. Until a class is certified, you are not considered represented by an attorney. You may also choose to do nothing and be an absent class member.
According to the Complaint, throughout the Class Period, CenturyLink made false and/or misleading statements and/or failed to disclose: that the Company's policies allowed its employees to add services or lines to accounts without customer permission, resulting in millions of dollars in unauthorized charges; that revenues were the product of illicit conduct and unsustainable; that this illicit conduct was likely to subject CenturyLink to heightened regulatory scrutiny; and that as a result of the above, the Company's public statements were materially false and misleading at all relevant times. When this information was announced, shares of CenturyLink dropped in value materially, which caused investors harm according to the Complaint.
Lundin Law PC was founded by Brian Lundin, a securities litigator based in Los Angeles dedicated to upholding shareholders' rights.
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SOURCE Lundin Law PC