Verizon Communications
Investors that purchased the Company’s securities and have suffered a loss, please fill in transaction information below, or email to info@portnoylaw.com.
There is no cost or obligation associated with submitting your information. If you are a shareholder who suffered a loss, please submit your contact information and purchase information to participate in the putative class action.
We also encourage you to contact Lesley F. Portnoy of The Portnoy Law Firm, at 310.692.8883, to discuss your rights free of charge. You can also reach us through the firm’s website at www.portnoylaw.com, or by email at info@portnoylaw.com.
If you choose to take no action, you can remain an absent class member.
Joining the case through the Portnoy Law website enables investors to learn about their legal claims and take an active role in recovering their losses.
The Portnoy Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
CONTACT:
Portnoy Law Firm
Lesley F. Portnoy, Esq.,
www.portnoylaw.com
Office: 310.692.8883
1800 Century Park East, Suite 600
Los Angeles, CA 90067
info@portnoylaw.com
The complaint alleges that Verizon made false or misleading statements and failed to disclose important information regarding its ownership of toxic lead-covered cables across the U.S. These cables pose health risks to both employees and non-employees. The company faces potential legal, regulatory, and reputational consequences due to these cables and their associated health risks. Despite being aware of the dangers, Verizon did not disclose them. The truth came to light through a series of Wall Street Journal articles published between July 9 and July 26, 2023. These articles revealed that Verizon and others had left behind toxic lead cables in various locations, including rivers and states like Louisiana, New York, and New Jersey. The articles also highlighted that Verizon had known about the health risks posed by lead in its networks for years and that some workers had illnesses linked to lead exposure. Additionally, the Justice Department and Environmental Protection Agency are investigating whether telecom companies were aware of the risks posed by these abandoned lead cables.
