The Law Offices of Frank R. Cruz Announces Investigation of AT&T Inc. (T) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of AT&T Inc. (“AT&T” or the “Company”) (NYSE: T) on behalf of investors concerning the Company’s possible violations of federal securities laws.

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On July 14, 2023, Bloomberg reported that AT&T faced “potentially high costs” if the Company is required to “clean up contamination due to lead-clad wiring throughout parts of its nationwide network.” Bloomberg also reported that, according to a JPMorgan analyst, AT&T has a service area that covers about 40% of US homes plus an extensive long distance network, and that AT&T therefore has the largest exposure to the potential costs among national carriers.

On this news, AT&T’s stock price fell over 5% during intraday trading on July 14, 2023, thereby injuring investors.

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If you purchased AT&T securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to [e-mail], or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.

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