Please complete this form relating to your transactions for Dycom Industries, Inc. (NYSE: DY) common stock between November 20, 2017 and August 10, 2018, inclusive (the “Class Period”).
You may also contact Jon Naji, Esq. at (484) 270-1453; or you may submit your information via email at firstname.lastname@example.org, or you may click here to print a PDF of this form.
On October 25, 2018, the initial complaint in this securities class action was filed against Dycom Industries, Inc. (“Dycom”), and certain of Dycom’s directors and officers, asserting violations of sections 10(b) and 20(a) of the Securities Exchange Act.
The complaint alleged that throughout the class period, the defendants made false and/or misleading statements and/or failed to disclose that: (i) Dycom’s large projects were highly dependent on permitting and tactical considerations, (ii) Dycom was facing great uncertainties related to permitting issues; (iii) said uncertainties would expose Dycom to near-term margin pressure and absorption issues, and (iv) as a result of the foregoing, the defendants’ statements about Dycom’s business, operations, and prospects, were false and misleading and/or lacked a reasonable basis.
This securities class action lawsuit was brought on behalf of all persons or entities that purchased or otherwise acquired Dycom common stock between November 20, 2017 and August 10, 2018, inclusive.
Current Status of Case:
On May 1, 2020, the parties engaged in a mediation session and were able to reach an agreement in principle to settle the action for $9,500,000. On July 9, 2020, the Court granted Preliminary Approval of the Settlement. On October 13, 2020, the Court granted Final Approval of the Settlement and entered Final Judgment. 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: Jon Naji, Esq. (484) 270-1453; or via e-mail at email@example.com. 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.
You may find additional information regarding the terms of the settlement and claim filing process at http://www.dycomindustriessecuritiessettlement.com/ or by calling A.B. Data, Ltd. at 866.905.8127.