An investigation on behalf of current long term investors in AT&T Inc. (NYSE:T) shares over possible breaches of fiduciary duty by certain officers and directors was announced.
San Diego, CA -- (SBWIRE) -- 10/26/2023 -- An investigation was announced for long-term investors in shares of AT&T Inc. (NYSE: T) concerning potential breaches of fiduciary duties by certain directors and officers of AT&T Inc.
Investors who are current long term investors in AT&T Inc. (NYSE: T) shares, have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 - 1554.
The investigation by a law firm for current long term investors in NYSE: T stocks follows a lawsuit filed against AT&T Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in AT&T Inc. (NYSE: T) stocks, concerns whether certain AT&T Inc. officers and 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, among other things, that AT&T owns cables around the country that are highly toxic due to their being wrapped in lead, and which harm Company employees and non-employees alike, that it faces potentially significant litigation risk, regulatory risk, and reputational harm as a result of its ownership of these lead-covered cables and the health risks stemming from their presence around the United States, that it was warned about the damage and risks presented by these cables but did not disclose them as a potential threat to employee safety or to everyday people and communities, and that as a result, Defendants' statements about its business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
Those who purchased shares of AT&T Inc. (NYSE: T) have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
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About The Shareholders Foundation
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.