WeissLaw LLP: Crown Castle International Corp. is the Subject of a Legal Investigation

NEW YORK, March 3, 2020 /PRNewswire/ -- WeissLaw LLP, a national class action and shareholders' rights law firm with offices in New York, California and Georgia, announces an investigation of Crown Castle International Corp. (NYSE: CCI) ("Crown Castle" or the "Company")

If you own CCI shares and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, visit our website:

http://www.weisslawllp.com/crown-castle-international-corp/

Or please contact:

Joshua Rubin, Esq.
WeissLaw LLP
1500 Broadway, 16^th Floor
New York, NY  10036
(212) 682-3025
(888) 593-4771
[email protected]

The investigation focuses on possible breaches of fiduciary duty and other violations of law by Crown Castle's Board of Directors.  Notably, after its receipt of an SEC subpoena, the Company recently admitted that its long-standing capitalization and expense policies for tenant upgrades and installations in its services business were not compliant with generally accepted accounting principles.  As a result, financial statements for 2017, 2018, and for the first three quarters of 2019 would need to be restated.  On that news, Crown Castle's stock price nosedived from its February 26 opening price of $163.74 to trade for as low as $147.00.

WeissLaw LLP has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties.  We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases.  If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at [email protected]

SOURCE WeissLaw LLP

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