NEW YORK, NY / ACCESSWIRE / August 21, 2023 / Levi & Korsinsky, LLP notifies investors in Verizon Communications Inc. ("Verizon" or the "Company") (NYSE:VZ) of a class action securities lawsuit.
The lawsuit on behalf of Verizon investors has been commenced in the United States District Court for the Western District of Pennsylvania. Affected investors purchased or otherwise acquired certain Verizon Communications Inc. securities between October 30, 2018 and July 26, 2023. Follow the link below to get more information and be contacted by a member of our team:
or contact Joseph E. Levi, Esq. either via email at [email protected] or by telephone at (212) 363-7500. There is no cost or obligation to you.
Verizon Communications Inc. NEWS - VZ NEWS
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (1) Verizon owns cables around the country that are highly toxic due to being wrapped in lead, and which harm Company employees and non-employees alike; (2) it faces potentially significant litigation risk, regulatory risk, and reputational harm as a result of its ownership of these lead cables and the health risks stemming from their presence around the United States; (3) it was warned about the damage and risks presented by these cables but did not disclose that they posed a threat to employee safety, to everyday people, and communities around the country; and (4) as a result, defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.
WHAT THIS MEANS TO SHAREHOLDERS: If you suffered a loss in Verizon during the relevant timeframe, you have until October 2, 2023 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. Discuss your rights with our legal team without cost or obligation.
PROTECT YOUR FINANCIAL INTERESTS: Complete this brief submission form https://zlk.com/pslra-1/verizon-lawsuit-submission-form?prid=44216&wire=1 or call 212-363-7500 to discuss the case.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
SOURCE: Levi & Korsinsky, LLP