Uniti Group Inc
0 DAYS LEFT TO SEEK LEAD PLAINTIFF STATUS
Case Summary | |
Company Name: | Uniti Group Inc |
Stock Symbol : | NASDAQ: UNIT |
Class Period Start: | 04/20/2015 |
Class Period End: | 02/15/2019 |
Lead Plaintiff motion: | 12/30/2019 |
Date Filed: | 10/30/2019 |
Type of Case: | Securities Class Action |
Court: | U.S. District Court for the Eastern District of Arkansas |
Summary: | Thieler Law Corp advises investors with losses exceeding $100,000 of the December 30, 2019 lead plaintiff deadline in a class action lawsuit filed against Uniti Group Inc (NASDAQ: UNIT) (“Uniti” or “the Company”). The suit is pending in the U.S. District Court for the Eastern District of Arkansas and investors, who purchased Uniti Group Inc securities between April 20, 2015 and February 15, 2019, have until December 30, 2019 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class. If you purchased Uniti Group Inc 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 Uniti's financial results were not sustainable because its customer Windstream had defaulted on its unsecured notes; as a result of the foregoing, Defendants' statements about Uniti's business, operations, and prospects, were false and misleading and/or lacked a reasonable basis. On February 15, 2019, United States District Judge Jesse M. Furman released his finding of facts and conclusions of law declaring that Windstream breached the indenture and awarded Aurelius a monetary judgment of $310,459,959.10 plus interest. On this news, NASDAQ: UNIT fell approximately 37.39% on February 19, 2019. If you were negatively impacted by your investment in Uniti Group Inc securities between April 20, 2015 and February 15, 2019 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. Thieler Law Corp purchases advertisements on search engines, social media sites and other websites. If you send us information, note that does not create an attorney-client relationship with the firm. Materials are provided for informational purposes only and do not constitute legal advice. We are only licensed to practice law in Germany. We are neither licensed nor qualified to render advice on US Federal or State law. Thieler Law Corp 2534 State Street - Suite 406, San Diego, CA 92101 by email: mail@thielerlaw.com or telephone at +1 (619) 377 - 4324 or visit our website http://www.thielerlaw.com/ or Facsimile: +1 (619) 785 – 3185 |