LUMN - SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Lumen Technologies Inc. f/k/a CenturyLink Inc. of Class Action Lawsuit and Upcoming Deadline – LUMN | Benzinga
NEW YORK, Oct. 11, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Lumen Technologies, Inc. ("Lumen" or the "Company") f/k/a CenturyLink, Inc. ("CenturyLink") (NYSE:LUMN) and certain officers. The class action, filed in the United States District Court for the Western District of Louisiana, Monroe Division, and docketed under 23-cv-01290, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Lumen securities between March 11, 2019 and July 14, 2023, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.
If you are a shareholder who purchased or otherwise acquired Lumen securities during the Class Period, you have until November 14, 2023 to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Robert S. Willoughby at newaction@pomlaw.com or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
[Click here for information about joining the class action]
Lumen is a telecommunications and technology company that provides various integrated products and services to businesses and residential customers in the United States and internationally. Lumen operates, inter alia, a copper cable network for certain of its telecommunications services. The Company was formerly known as "CenturyLink, Inc." and changed its name to "Lumen Technologies, Inc." in September 2020.
Lumen is a member of USTelecom, a broadband association that represents companies in the industry. Lumen is also one ...