DENVER, Jan. 28, 2009 (GLOBE NEWSWIRE) -- Dyer & Berens LLP today announced that it has initiated an investigation on behalf of purchasers of Level 3 Communications, Inc. ("Level 3" or the "Company") (Nasdaq:LVLT) common stock between February 8, 2007 and October 23, 2007. Dyer & Berens LLP believes that these investors may have claims under the federal securities laws for losses associated with potential misrepresentations and/or omissions.
The investigation focuses on whether Level 3 may have misrepresented its business, prospects and/or operations by failing to timely and adequately disclose that the Company was experiencing problems integrating its numerous acquisitions and/or had severe provisioning issues with its core communications services.
If you have information relevant to the investigation, or if you believe you were harmed by the alleged conduct described above, you may contact Jeffrey A. Berens, Esq. at 1-888-300-3362, 303-861-1764 or via email at jeff@dyerberens.com.
Dyer & Berens LLP specializes in complex class action litigation on behalf of injured investors throughout the nation. The firm's extensive experience in securities litigation, particularly in cases brought under the Private Securities Litigation Reform Act, has contributed to the recovery of hundreds of millions of dollars for aggrieved investors. For more information about the firm, please go to www.DyerBerens.com.