Please complete this form and list your purchase and sale transaction(s) for CenturyLink, Inc.(NYSE: CTL) securities between March 1, 2013 to July 12, 2017, both dates inclusive (the “Class Period”):
You may also contact James Maro, Jr., Esq. toll free at 844.887.9500, or you may submit your information via email at email@example.com, or you may click here to print a PDF of this form.
On June 22, 2017, the initial complaint in this securities class action was filed against CenturyLink, Inc. (“CenturyLink” or the “Company”), and certain of CenturyLink’s directors, officers and underwriters, asserting violations of sections 10(b) and 20(a) of the Securities Exchange Act. The complaint alleges that CenturyLink publicly issued materially false and misleading statements and omitted material facts, regarding its unlawful business practices and its failure to comply with applicable laws and regulations. Specifically, CenturyLink incentivized unethical and unlawful behavior, including by allowing CenturyLink employees to add services, lines, and accounts for customers without their permission, resulting in millions of dollars in unauthorized charges to CenturyLink customers. Further, contrary to CenturyLink’s representations, the Company’s revenues and earnings growth were unsustainable because they were dependent upon improper and illegal conduct that subjected the Company to heightened regulatory scrutiny, governmental action, and significant sanctions that could severely curtail its business.
On September 14, 2020, the Court certified the Class as all persons and entities that purchased or otherwise acquired publicly-traded CenturyLink, Inc. common stock or 7.60% Senor Notes due September 15, 2039, during the period between March 1, 2013 to July 12, 2017.
Current Status of Case:
On July 21, 2021, the Court approved a Settlement in the amount of $55,000,000.00. This action has concluded.
If you wish to discuss this action or have any questions concerning this notice or your rights or interests with respect to these matters, please contact Kessler Topaz Meltzer & Check, LLP: James Maro, Esq. (484) 270-1453; or via e-mail at firstname.lastname@example.org. If you would like additional information about the suit, please click on the link "Submit Your Information" above and fill out the form as promptly as possible.