INVESTIGATION ALERT: Scott+Scott Attorneys at Law LLP Investigates Altice USA, Inc.’s Directors and Officers for Breach of Fiduciary Duties – ATUS

NEW YORK--(BUSINESS WIRE)--Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, is investigating whether certain directors and officers of Altice USA, Inc. (“Altice USA”) (NYSE: ATUS) breached their fiduciary duties to Altice USA and its shareholders. If you are an Altice USA shareholder, you may contact attorney Joe Pettigrew for additional information toll-free at 844-818-6982, or [e-mail].

Scott+Scott is investigating whether members of Altice USA’s board of directors or senior management failed to manage Altice USA in an acceptable manner, in breach of their fiduciary duties to Altice USA, and whether Altice USA and its shareholders have suffered damages as a result.

On July 13, 2023, Altice USA co-founder Armando Pereira was detained in Portugal as part of a criminal investigation into alleged corruption, tax fraud, and money laundering. On July 15, 2023, Alexandre Fonseca, chairman of Altice USA, resigned from the board of directors of Altice USA. On July 17, 2023, Fonseca suspended himself from all responsibilities at Altice USA. In addition, Altice USA’s U.S. head of procurement, Pereira’s son-in-law Yossi Benchetrit, was put on leave, along with about ten other employees.

What You Can Do

If you are an Altice USA shareholder, you may have legal claims against Altice USA’s directors and officers. If you wish to discuss this investigation, or have questions about this notice or your legal rights, please contact attorney Joe Pettigrew toll-free at 844-818-6982, or [e-mail].

About Scott+Scott

Scott+Scott has significant experience in prosecuting major securities, antitrust, and consumer rights actions throughout the United States. The firm represents pension funds, foundations, individuals, and other entities worldwide with offices in New York, London, Amsterdam, Connecticut, California, and Ohio.

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