NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of CenturyLink, Inc. (NYSE: CTL) resulting from allegations that CenturyLink may have issued materially misleading business information to the investing public.
On June 16, 2017, Bloomberg published an article entitled “CenturyLink Is Accused of Running a Wells Fargo-Like Scheme,” stating that a “former CenturyLink Inc. employee claims she was fired for blowing the whistle on the telecommunications company’s high-pressure sales culture that left customers paying millions of dollars for accounts they didn't request.” The article states that “she was fired days after notifying Chief Executive Officer Glen Post of the alleged scheme during a companywide question-and-answer session held on an internal message board.” On this news, shares of CenturyLink fell $1.23 per share or over 4.5% to close at $25.72 per share on June 16, 2017, damaging investors.
Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by CenturyLink investors. If you purchased shares of CenturyLink on or before June 16, 2017, please visit the firm’s website at http://www.rosenlegal.com/cases-1149.html for more information. You may also contact Phillip Kim or Kevin Chan of Rosen Law Firm toll free at 866-767-3653 or via email at firstname.lastname@example.org or email@example.com.
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Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Since 2014, Rosen Law Firm has been ranked #2 in the nation by Institutional Shareholder Services for the number of securities class action settlements annually obtained for investors.
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