SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of CenturyLink, Inc. (CTL)
NEW YORK, June 19, 2017 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of CenturyLink, Inc. ("CenturyLink" or the "Company") (NYSE: CTL). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/ctl.
The investigation concerns whether CenturyLink and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
On June 16, 2017, Bloomberg reported, "CenturyLink is Accused of Running a Wells Fargo –Like Scheme," stating that a "former CenturyLink, Inc. employee claims she was fired for blowing the whistle on the telecommunications company's high-pressure sales culture that left customers paying million of dollars for accounts they didn't request." The article continues that "she was fired days after notifying Chief Executive Officer Glen Post of the alleged scheme during a companywide question-and-answer session held on an internal message board." Following this news, CenturyLink stock dropped $1.23 per share or roughly 4.5% to close at $25.72 per share on June 16, 2017.
If you are aware of any facts relating to this investigation, or purchased CenturyLink shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/ctl. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | [email protected]
SOURCE Bronstein, Gewirtz & Grossman, LLC
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