Glancy Prongay & Murray LLP Announces Investigation on Behalf of Altice USA Inc. Investors (ATUS)
LOS ANGELES--(BUSINESS WIRE)--Dec 3, 2018--Glancy Prongay & Murray LLP (“GPM”) announces an investigation on behalf of Altice USA Inc. (“Altice” or the “Company”) (NYSE: ATUS ) investors concerning the Company and its officers’ possible violations of federal securities laws.
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Mass media reported that Altice may have included misstatements in its prospectus and registration statements at the time of its initial public offering (“IPO”) in June 2017. The alleged misstatements concerned “the Altice Way,” the Company’s proprietary growth model that it had previously developed in Europe. Altice reportedly misstated the competitive advantages and obstacles facing the Altice Way, potentially exposing the Company to significant liability. On this news, shares of Altice stock price fell over 50%, thereby injuring investors.
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If you purchased Altice securities, have information or would like to learn more about these claims, or 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@example.com, 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.
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View source version on businesswire.com:https://www.businesswire.com/news/home/20181203005980/en/
CONTACT: Glancy Prongay and Murray LLP, Los Angeles
Lesley Portnoy, 310-201-9150 or 888-773-9224
KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA
INDUSTRY KEYWORD: PROFESSIONAL SERVICES LEGAL
SOURCE: Glancy Prongay & Murray LLP
Copyright Business Wire 2018.
PUB: 12/03/2018 04:39 PM/DISC: 12/03/2018 04:39 PM