ReleaseWire

NYSE:GTT Long Term Shareholder Notice: Investigation over Possible Wrongdoing at GTT Communications Inc

An investigation on behalf of current long term investors in GTT Communications Inc (NYSE:GTT) shares over possible breaches of fiduciary duty by certain officers and directors was announced.

Posted: Wednesday, April 28, 2021 at 11:00 AM CDT

San Diego, CA -- (SBWire) -- 04/28/2021 --Certain directors of GTT Communications Inc are under investigation over possible breaches of fiduciary duties.

Investors who are current long term investors in GTT Communications Inc (NYSE: GTT) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm for investors in NYSE: GTT stocks follows a lawsuit filed against GTT Communications Inc over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE: GTT stocks, concerns whether certain GTT Communications directors are liable in connection with the allegations made in that lawsuit.

The plaintiff alleges that the defendants made false and/or misleading statements and/or failed to disclose that the Company's internal controls suffered from issues related to the recording and reporting of Cost of Telecommunications Services, that the Company's previously reported Cost of Telecommunications was inaccurate or accounted for unsupported adjustments, that inadequate internal controls would result in delays in the Company's 10-Q quarterly reports; and that as a result of the foregoing, Defendants' public statements were materially false and/or misleading and/or lacked a reasonable basis.

Those who purchased shares of GTT Communications Inc (NYSE: GTT) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.