Law Offices of Howard G. Smith announces an investigation on behalf of Altice USA Inc. (Altice or the Company) (NYSE: ATUS) investors concerning the Company and its officers possible violations of federal securities laws.
Mass media reported that Altice may have included misstatements in its prospectus and registration statements at the time of its initial public offering (IPO) in June 2017. The alleged misstatements concerned the Altice Way, the Companys proprietary growth model that it had previously developed in Europe. Altice reportedly misstated the competitive advantages and obstacles facing the Altice Way, potentially exposing the Company to significant liability. On this news, shares of Altice stock price fell over 50%, thereby injuring investors.
If you purchased Altice securities during the IPO, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to [email protected], or visit our website at www.howardsmithlaw.com.
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