NEW YORK--(BUSINESS WIRE)--Straight Path Communications Inc. (“Straight Path”) (NYSE:STRP) stock has plummeted more than 50% following a published report contending and disclosing for the first time that Straight Path failed to comply with the Federal Communications Commission’s rules placing Straight Path’s airwave ownership into question. Abraham, Fruchter & Twersky, LLP is investigating claims on behalf of investors in Straight Path.
If you are an investor who has suffered a loss from investing in Straight Path stock and would like additional information please contact Jeffrey S. Abraham or Philip T. Taylor of Abraham, Fruchter & Twersky, LLP toll free at (800) 440-8986, or via e-mail at jabraham@aftlaw.com or ptaylor@aftlaw.com.
Abraham, Fruchter & Twersky, LLP (aftlaw.com), which is based in New York and has an office in California, has extensive experience in shareholder and securities class action cases, and the firm has been ranked among the leading class action law firms in terms of recoveries achieved in a recent survey of class action law firms conducted by Institutional Shareholder Services.
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