GTT Communications Traders: Firm Investigated by Portnoy Regulation Agency – GlobeNewswire
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LOS ANGELES, Aug. 11, 2020 (GLOBE NEWSWIRE) – The law firm Portnoy is announcing to GTT Communications, Inc. (NYSE: GTT) investors that the firm has opened an investigation into alleged securities law violations and may have legal action against them has filed on behalf of investors.
Investors are encouraged to contact Attorney Lesley F. Portnoy by phone at 310-692-8883 or email firstname.lastname@example.org to discuss their legal rights, including eligibility to be appointed as class representative. Class Representatives are appointed by the court to act as trustees on behalf of other injured investors.
The investigation focuses on whether the company has misled investors through alleged accounting fraud. The company recently announced that GTT has delayed filing 10-Q and has identified certain issues related to the collection and reporting of telecommunications service costs and related internal controls. In addition, the Company reported that GTT, the Board of Directors’s Audit Committee and an outside lawyer and advisor are reviewing statements for the quarter ended June 30 and other financial statements for material weaknesses in the Company’s internal controls.
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Portnoy law firm represents investors in pursuing claims against companies. The company's founding partner has confiscated over $ 5.5 billion for aggrieved investors. Lawyer advertising. Previous results do not guarantee similar results.
Lesley F. Portnoy, Esq.
Approved CA and NY bar