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home / news releases / GTT - Glancy Prongay & Murray LLP Announces Investigation on Behalf of GTT Communications Inc. Investors (GTT)


GTT - Glancy Prongay & Murray LLP Announces Investigation on Behalf of GTT Communications Inc. Investors (GTT)

Glancy Prongay & Murray LLP (“GPM”) announces an investigation on behalf of GTT Communications, Inc. (“GTT” or the “Company”) (NYSE: GTT) investors concerning the Company and its officers’ possible violations of federal securities laws.

If you are a shareholder who suffered a loss, click here to participate.

If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, at 310-201-9150, Toll-Free at 888-773-9224, or by email to shareholders@glancylaw.com, or visit our website at www.glancylaw.com.

On May 8, 2019, the Company reported a larger-than-expected loss and sequential decline in revenue for first quarter 2019. GTT attributed the negative performance to integration issues with Interoute Communications Holdings S.A., which the Company had acquired to improve growth of its cloud networking services.

On this news, shares of GTT fell $10.38 per share over two days, or over 25%, to close at $29.91 per share on May 9, 2019, thereby injuring investors.

If you purchased GTT securities, have information, or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, CA 90067 at 310-201-9150, Toll-Free at 888-773-9224, or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number, and the number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

View source version on businesswire.com: https://www.businesswire.com/news/home/20190730006112/en/

Glancy Prongay and Murray LLP, Los Angeles
Lesley Portnoy, 310-201-9150 or 888-773-9224
www.glancylaw.com
shareholders@glancylaw.com

Copyright Business Wire 2019
Stock Information

Company Name: GTT Communications Inc.
Stock Symbol: GTT
Market: NYSE

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