NEW YORK--(BUSINESS WIRE)--Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential securities fraud at CenturyLink, Inc. (“CenturyLink” or the “Company”) (NYSE:CTL).
The investigation focuses on whether the Company and its executives violated federal securities laws. Specifically, on June 16, 2017, Bloomberg reported that the Company is being accused of running a scheme similar to the one that Wells Fargo had conducted. The article states 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 million of dollars for accounts they didn’t request.” Furthermore, 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.”
Following this news, CenturyLink’s share price declined, causing harm to investors.
If you invested in CenturyLink stock or options and would like to discuss your legal rights, click here: www.faruqilaw.com/CTL. There is no cost or obligation to you.
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