LUMEN TECHNOLOGIES, INC. (NYSE: LUMN) SHAREHOLDER CLASS ACTION ALERT: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion in a Securities Class Action Lawsuit Against Lumen Technologies, Inc. (NYSE: LUMN)
Throughout the Class Period, Defendants represented that Lumen was, among other things, “investing heavily in our consumer fiber business” and “aggressively taking market share in our small business segment.” Defendants also represented that “we continue expanding our Quantum Fiber footprint and increasing our penetration” and “we’re not capital-constrained. So as we continue to improve our penetration and performance, we’ll continue to expand our footprint, and we believe we’ve got a long runway for growth in -- within Lumen in Quantum Fiber.”
- Shareholder Class Action Lawsuit or contact Peter Allocco at (212) 951-2030 or [email protected] to discuss your rights.
- The lawsuit was filed in the United States District Court for the Western District of Louisiana and alleges violations of the Securities Exchange Act of 1934.
- A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
- The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414.