NEW YORK--(BUSINESS WIRE)--The Law Offices of Vincent Wong notifies investors of an investigation concerning whether Frontier Communications Corporation (“FTR”) (NASDAQ:FTR) violated federal securities laws.
Click here to learn about the case: http://docs.wongesq.com/FTR-Info-Request-Form-1704. There is no cost or obligation to you.
On May 2, 2017, FTR reported a first quarter 2017 net loss of $75 million and a year-over-year first quarter revenue decline of $53 million. On the same day, the Company held a conference call to discuss its first quarter financial results. During the call, CFO Ralph McBride stated that approximately $16 million of the sequential revenue decline was a result of cleanup of California, Texas, and Florida (CTF) non-paying accounts and the automation of legacy non-pay disconnects.
To learn more about the investigation of FTR contact Vincent Wong, Esq. either via email firstname.lastname@example.org, by telephone at 212.425.1140, or visit http://docs.wongesq.com/FTR-Info-Request-Form-1704.
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.