Investors can contact the law firm at no cost to learn more about recovering their losses
LOS ANGELES, Aug. 01, 2023 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises AT&T Inc. (“AT&T” or the “Company”) (NYSE: T) investors that a lawsuit filed on behalf of investors that purchased AT&T securities from March 1, 2020 and July 26, 2023, both dates inclusive (the “Class Period”).
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: lesley@portnoylaw.com, to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.
The Wall Street Journal published a series of articles on July 9, July 10, and July 26, 2023, exposing AT&T's ownership of toxic lead cables across the United States. The investigation revealed that these cables pose health and environmental hazards. As a result of these revelations, AT&T's stock price experienced significant declines, affecting investors. On July 17, 2023, analysts downgraded AT&T due to the lead cables issue, further impacting the company's stock price. A class-action complaint was filed against AT&T, alleging that the company and its executives made false and misleading statements, failing to disclose the risks associated with the lead-covered cables, which harmed employees, non-employees, and communities.
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The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA and NY Bar
lesley@portnoylaw.com
310-692-8883
www.portnoylaw.com
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