NEW YORK, Oct. 12, 2018 — Stull, Stull & Brody (“SS&B”) announces that a class action lawsuit has been filed on behalf of purchasers of the securities of Altice USA (“Altice” or the “Company”) (NYSE:ATUS), pursuant and/or traceable to the Company’s June 22, 2017 initial public offering (“IPO”).
The investigation concerns whether Altice’s filings with the U.S. Securities and Exchange Commission in connection with the IPO contained untrue statements of material fact or omitted material information. Altice’s share price had fallen more than 40% from its IPO price of $30, thereby injuring investors.
Investors who purchased or otherwise acquired Altice’s securities pursuant and/or traceable to the IPO may contact Stull, Stull & Brody, by email to [email protected], by telephone at 1-212-687-7230, Ext. 147, or by fax to 1-212-490-2022.
You may retain Stull, Stull & Brody, or other counsel of your choice, to serve as your counsel in this action.
SS&B has litigated class actions for violations of securities laws and breaches of fiduciary duty on behalf of defrauded investors over the past 40 years and has obtained court approval of substantial settlements on numerous occasions. SS&B has offices in New York and Beverly Hills. SS&B’s website (www.ssbny.com) has additional information about the firm.
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CONTACT: Stull, Stull & Brody 1-212-687-7230, Ext. 147 Attn: Michael Klein Email: [email protected]