Thieler Law Corp advises investors with losses exceeding $100,000 of the April 27, 2020 lead plaintiff deadline in a class action lawsuit filed against Crown Castle International Corp. (NYSE: CCI, CCI-PA) (“Crown Castle” or “the Company”). The suit is pending in the U.S. District Court for the District of New Jersey and investors, who purchased Crown Castle International Corp. securities between February 26, 2018 and February 26, 2020, have until April 27, 2020 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased Crown Castle International Corp. securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 377 - 4324 or emailing mail@thielerlaw.com . No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class.

The complaint alleges that during the Class Period defendants made false and misleading statements and/or allegedly failed to disclose that Crown Castle’s internal control over financial reporting and disclosures controls and procedures were ineffective and materially weak; Crown Castle's financial accounting and reporting was not in accordance with GAAP; Crown Castle’s net income, adjusted EBITDA, and adjusted funds from operations were inflated; Crown Castle would need to restate its financial statements for the years ended December 31, 2018 and 2017, and unaudited financial information for the quarterly and year-to-date periods in the year ended December 31, 2018 and for the first three quarters in the year ended December 31, 2019; and 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.

On February 26, 2020, the Company revealed that it would restate its financial statements for the years ended December 31, 2018 and 2017 and for the first three quarters in the year ended December 31, 2019. According to the press release, the Company had recognized service revenues from its tower installation services in a manner that "was not acceptable under GAAP."

Following this news, the Company’s share price fell sharply during intraday trading on February 27, 2020.

If you were negatively impacted by your investment in Crown Castle International Corp. securities between February 26, 2018 and February 26, 2020 and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation.

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