TMCnet News
Glancy Prongay & Murray LLP Announces the Filing of a Securities Class Action on Behalf of CenturyLink Inc. Bondholders (CTL)Glancy Prongay & Murray LLP ("GPM") announces that a class action lawsuit has been filed on behalf of bondholders that acquired 7.60% Senior Notes, Series P, due 2039, of CenturyLink (News - Alert), Inc. ("CenturyLink" or the "Company") (NYSE: CTL) bonds between March 1, 2013 and June 19, 2017, inclusive (the "Class Period"). CenturyLink bondholders have until December 26, 2017 to file a lead plaintiff motion. To obtain information or participate in the class action, please visit the CenturyLink page on our website at www.glancylaw.com/case/centurylink-inc-bond-holders. Investors suffering losses on their CenturyLink investments are encouraged to contact Lesley ortnoy of GPM to discuss their legal rights in this class action at 310-201-9150 or by email to [email protected]. The complaint filed in this class action alleges that defendants during the Class Period made false and misleading statements and/or failed to disclose that: (1) CenturyLink's policies allowed its employees to add services or lines to accounts without customer permission, resulting in millions of dollars in unauthorized charges to CenturyLink customers; (2) CenturyLink's illicit practices were designed to allow it to gain an advantage over its competitors and to increase profits; (3) CenturyLink's illicit conduct was likely to subject it to heightened regulatory scrutiny; (4) CenturyLink's revenues were the product of illicit conduct and were unsustainable; and (5) as a result, CenturyLink's public statements were materially false and misleading at all relevant times. Follow us for updates on Twitter (News - Alert): twitter.com/GPM_LLP. If you purchased bonds of CenturyLink during the Class Period you may move the Court no later than December 26, 2017 to ask the Court to appoint you as lead plaintiff if you meet certain legal requirements. To be a member of the Class you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class. If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to [email protected], or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com: http://www.businesswire.com/news/home/20171205006369/en/ |
