Crown Castle International Corp.
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Zhang Investor Law announces a class action lawsuit on behalf of shareholders who bought shares of Crown Castle International Corp. (NYSE: CCI, CCI-PA) from February 26, 2018 through February 26, 2020 (the “Class Period”). The lawsuit seeks to recover damages for Crown Castle International Corp. investors under the federal securities laws.
If you bought Crown Castle International Corp. securities between February 26, 2018 through February 26, 2020, and would like to join the action, please click “Join This Class Action,” above.
SHAREHOLDER ALERT: Zhang Investor Law a Securities Class Action Lawsuit Against Crown Castle International Corp. – CCI, CCI-PA
New York, N.Y., March 3, 2020. Zhang Investor Law announces a class action lawsuit on behalf of shareholders who bought shares of Crown Castle International Corp. (NYSE: CCI, CCI-PA) between February 26, 2018 and February 26, 2020, inclusive (the “Class Period”).
To join the CCI, CCI-PA class action, go to http://zhanginvestorlaw.com/cases/crown-castle-international-corporation/ call Sophie Zhang, Esq. toll-free at 800-991-3756 or email firstname.lastname@example.org for information on the class action.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. YOU NEED NOT BE A LEAD PLAINTIFF IN ORDER SECURE COMPENSATION.
According to the lawsuit, throughout the Class Period (1) Crown Castle’s internal control over financial reporting and disclosures controls and procedures were ineffective and materially weak; (2) Crown Castle’s financial accounting and reporting was not in accordance with GAAP; (3) Crown Castle’s net income, adjusted EBITDA, and adjusted funds from operations were inflated; (4) 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 (5) 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.
A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 27, 2020. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://zhanginvestorlaw.com/cases/crown-castle-international-corp/ or to discuss your rights or interests regarding this class action, please contact Sophie Zhang, Esq. of Zhang Investor Law toll free at 800-991-3756 or via e-mail at email@example.com.
Zhang Investor Law represents investors worldwide.