Lumen

TOP RANKED ROSEN LAW FIRM Encourages Lumen Technologies, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – LUMN

Retrieved on: 
Sunday, October 29, 2023

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles.

Key Points: 
  • WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles.
  • The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
  • Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.

SHARHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Lumen Technologies, Inc. f/k/a CenturyLink, Inc. of Class Action Lawsuit and Upcoming Deadline – LUMN

Retrieved on: 
Friday, October 27, 2023

To discuss this action, contact Robert S. Willoughby at [email protected] or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext.

Key Points: 
  • To discuss this action, contact Robert S. Willoughby at [email protected] or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext.
  • Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
  • The Company was formerly known as “CenturyLink, Inc.” and changed its name to “Lumen Technologies, Inc.” in September 2020.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.

SHAREHOLDER ALERT: Levi & Korsinsky Notifies Lumen Technologies, Inc. f/k/a CenturyLink, Inc. (LUMN) Investors of a Class Action Lawsuit and Upcoming Deadline

Retrieved on: 
Friday, October 27, 2023

NEW YORK, Oct. 27, 2023 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Lumen Technologies, Inc. f/k/a CenturyLink, Inc. ("Lumen Technologies" or the "Company") (NYSE: LUMN) of a class action securities lawsuit.

Key Points: 
  • NEW YORK, Oct. 27, 2023 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Lumen Technologies, Inc. f/k/a CenturyLink, Inc. ("Lumen Technologies" or the "Company") (NYSE: LUMN) of a class action securities lawsuit.
  • CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Lumen Technologies investors who were adversely affected by alleged securities fraud between March 11, 2019 and July 14, 2023.
  • Follow the link below to get more information and be contacted by a member of our team:
    LUMN investors may also contact Joseph E. Levi, Esq.
  • For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services’ Top 50 Report as one of the top securities litigation firms in the United States.

Lumen Technologies, Inc. (LUMN) Investors: Contact Bronstein, Gewirtz & Grossman, LLC to Actively Participate in the Class Action Lawsuit

Retrieved on: 
Tuesday, October 31, 2023

Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed Lumen Technologies, Inc. ("Lumen" or the "Company") (NYSE: LUMN) f/k/a CenturyLink, Inc. ("CenturyLink") and certain of its officers.

Key Points: 
  • Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed Lumen Technologies, Inc. ("Lumen" or the "Company") (NYSE: LUMN) f/k/a CenturyLink, Inc. ("CenturyLink") and certain of its officers.
  • The complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and compliance policies.
  • or his Law Clerk and Client Relations Manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC at 332-239-2660.
  • Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits.

Lumen Technologies, Inc. (LUMN) Investors: Contact Bronstein, Gewirtz & Grossman, LLC to Actively Participate in the Class Action Lawsuit

Retrieved on: 
Monday, October 30, 2023

Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed Lumen Technologies, Inc. ("Lumen" or the "Company") (NYSE: LUMN) f/k/a CenturyLink, Inc. ("CenturyLink") and certain of its officers.

Key Points: 
  • Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed Lumen Technologies, Inc. ("Lumen" or the "Company") (NYSE: LUMN) f/k/a CenturyLink, Inc. ("CenturyLink") and certain of its officers.
  • The complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and compliance policies.
  • or his Law Clerk and Client Relations Manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC at 332-239-2660.
  • Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits.

Windstream Names Paul H. Sunu Chief Executive Officer

Retrieved on: 
Monday, October 30, 2023

Windstream announced today that Paul H. Sunu has been named President and Chief Executive Officer, effective immediately.

Key Points: 
  • Windstream announced today that Paul H. Sunu has been named President and Chief Executive Officer, effective immediately.
  • He succeeds Tony Thomas, who has decided to depart the Company and step down from the Board, following a distinguished 17 years at Windstream.
  • Mr. Sunu has served as Chairman of the Board since 2020 and will retain his position.
  • During Mr. Thomas’ tenure, Windstream acquired, merged and integrated several companies, successfully restructured under Chapter 11 and launched its fiber transformation.

Lumen Completes Sale of EMEA Business to Colt Technology Services for $1.8B

Retrieved on: 
Wednesday, November 1, 2023

DENVER, Nov. 1, 2023 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) closed the sale of its European, Middle Eastern, and African (EMEA) business to Colt Technology Services, headquartered in London, for $1.8 billion cash.

Key Points: 
  • DENVER, Nov. 1, 2023 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) closed the sale of its European, Middle Eastern, and African (EMEA) business to Colt Technology Services, headquartered in London, for $1.8 billion cash.
  • This transaction represents an attractive multiple (~11x) for Lumen's EMEA business and delivers significant value to Lumen's stakeholders.
  • "We're excited about what this transaction does for our customers and for Lumen," said Kate Johnson, Lumen CEO.
  • Lumen Enters into Agreement Regarding Divestiture of EMEA Business to Colt Technology Services for $1.8B Nov. 2, 2022 News Release

Lumen Completes Sale of EMEA Business to Colt Technology Services for $1.8B

Retrieved on: 
Wednesday, November 1, 2023

DENVER, Nov. 1, 2023 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) closed the sale of its European, Middle Eastern, and African (EMEA) business to Colt Technology Services, headquartered in London, for $1.8 billion cash.

Key Points: 
  • DENVER, Nov. 1, 2023 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) closed the sale of its European, Middle Eastern, and African (EMEA) business to Colt Technology Services, headquartered in London, for $1.8 billion cash.
  • This transaction represents an attractive multiple (~11x) for Lumen's EMEA business and delivers significant value to Lumen's stakeholders.
  • "We're excited about what this transaction does for our customers and for Lumen," said Kate Johnson, Lumen CEO.
  • Lumen Enters into Agreement Regarding Divestiture of EMEA Business to Colt Technology Services for $1.8B Nov. 2, 2022 News Release

Lumen builds on its network cloudification vision to offer burstable on-demand internet

Retrieved on: 
Wednesday, November 1, 2023

DENVER, Nov. 1, 2023 /PRNewswire/ -- Disrupting an industry requires a deep understanding of business needs and an investment in continuous innovation. Just three months after Lumen Technologies (NYSE: LUMN) launched its first Network-as-a Service (NaaS) capability, it has expanded the service from 23 data centers to 136 across North America. Lumen® Internet On-Demand is now available to these data center customers and in Lumen on-net enabled locations. Numerous industries are embracing this service for its quick, flexible internet connections, helping them meet their unique connectivity needs.

Key Points: 
  • Lumen® Internet On-Demand is now available to these data center customers and in Lumen on-net enabled locations.
  • Numerous industries are embracing this service for its quick, flexible internet connections, helping them meet their unique connectivity needs.
  • Healthcare providers, technology companies, and government agencies are among the first customers using Lumen Internet On-Demand to quickly flex their bandwidth needs and deploy data intensive software.
  • "BlackStar Group is thrilled to hear about the Network as a Service offering from Lumen," said founder and CEO, Chris Hendrie.

Lumen Announces Broad Agreement With Creditors That Will Provide The Company with Significant Flexibility to Execute Its Transformation Strategy

Retrieved on: 
Tuesday, October 31, 2023

In addition, the creditors have committed to provide $1.2 billion of financing to the Company through new long-term debt.

Key Points: 
  • In addition, the creditors have committed to provide $1.2 billion of financing to the Company through new long-term debt.
  • The consummation of the transactions contemplated by the transaction support agreement is subject to the satisfaction of various closing conditions.
  • "We appreciate the engagement of the creditors involved in this transaction in determining the best path forward for our business.
  • Guggenheim Securities, LLC served as financial advisor and Wachtell, Lipton, Rosen & Katz served as legal advisor to the Company.