SAN DIEGO & ENGLEWOOD, Colo.--(BUSINESS WIRE)--Shareholder rights law firm Robbins Arroyo LLP is investigating whether certain officers and directors of WideOpenWest, Inc. (NYSE: WOW) breached their fiduciary duties to shareholders. On March 7, 2018, WideOpenWest announced a delay in its earnings release so that its independent auditors could complete their review of the valuation analysis of indefinite lived intangible assets. When WideOpenWest announced its 2017 results on March 14, 2018, at least one analyst downgraded the stock. Not long after that on April 6, 2018, a Zacks Equity Research article suggested investors should consider dropping WideOpenWest stock, given its significant price decline in the past four weeks and negative earnings estimate revisions for the current quarter and year. WideOpenWest's stock currently trades at $9.74 per share, over 42% below its IPO price.
View this information on the law firm's Shareholder Rights Blog: www.robbinsarroyo.com/wideopenwest-inc
WideOpenWest Shareholders Have Legal Options
If you would like more information about your rights and potential remedies, contact attorney Leonid Kandinov at (800) 350-6003, LKandinov@robbinsarroyo.com, or via the shareholder information form on the firm's website.
Robbins Arroyo LLP is a nationally recognized leader in shareholder rights law. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits, and has helped its clients realize more than $1 billion of value for themselves and the companies in which they have invested.
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