UAE's Largest Natural Gas Facility Suspended After Attack-Triggered Fire 
Samsung Electronics Posts Eightfold Profit Surge Driven by AI Chip Demand 
Private Credit Under Pressure: Is a Slow-Motion Crisis Unfolding? 
SpaceX Eyes Historic IPO at $1.75 Trillion Valuation 
U.S. Automakers Push Back Against EU Rules Blocking American Trucks from European Market 
Anthropic Fights Pentagon Blacklisting in Dual Federal Court Battles 
Elon Musk Ties SpaceX IPO Access to Mandatory Grok AI Subscriptions 
Tesla Q1 2026 Deliveries Miss Estimates as AI Strategy Takes Center Stage 
Pony.ai, Uber, and Verne Launch Europe's First Commercial Robotaxi Service in Zagreb 
Deere & Company Agrees to $99 Million Settlement Over Right-to-Repair Dispute 
FedEx Pilots and Union Reach Tentative Agreement on 40% Pay Increase 
First Western Ship Transits Strait of Hormuz Since Iran War Began 
Apple's Foldable iPhone Faces Engineering Setbacks, Mass Production Timeline at Risk 
LG Electronics Posts Record Q1 Revenue Amid Strong Demand and Cost Improvements 
Microsoft's $10 Billion Japan Investment: AI Infrastructure and Data Sovereignty Push 
China Vanke Seeks Bond Extension Amid Mounting Debt Crisis 
SAN FRANCISCO, Aug. 01, 2017 -- Hagens Berman Sobol Shapiro LLP reminds investors in CenturyLink, Inc. (NYSE:CTL) of the August 21, 2017 Lead Plaintiff deadline in the pending securities class action.
If you purchased or otherwise acquired securities of CTL between March 1, 2013 and June 19, 2017 and suffered losses contact Hagens Berman Sobol Shapiro LLP. For more information visit:
https://www.hbsslaw.com/cases/CTL
or contact Reed Kathrein, who is leading the firm’s investigation, by calling 510-725-3000 or emailing [email protected].
On June 16, 2017, Bloomberg published an article entitled “CenturyLink Is Accused of Running a Wells Fargo-Like Scheme.”
According to the article, a former CenturyLink employee filed a lawsuit claiming she was fired for blowing the whistle on the Company’s high-pressure sales culture that left customers paying millions of dollars for accounts they did not request. The employee reportedly alleges she was fired days after notifying Chief Executive Officer Glen Post of the alleged scheme during a companywide question-and-answer session held on an internal message board.
This news drove the price of CenturyLink shares down approximately 4.6% on heavy volume to close at $25.72 on June 16, 2017.
“We’re focused on the allegations Bloomberg reported that, if true, inflicted significant damage on CenturyLink investors and may also indicate that the Company engaged in improper accounting in violation of generally accepted accounting principles,” said Hagens Berman partner Reed Kathrein.
Whistleblowers: Persons with non-public information regarding CenturyLink should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new SEC whistleblower program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 510-725-3000 or email [email protected].
About Hagens Berman
Hagens Berman is a national investor-rights law firm headquartered in Seattle, Washington with offices in 10 cities. The Firm represents investors, whistleblowers, workers and consumers in complex litigation. More about the Firm and its successes can be found at www.hbsslaw.com. For the latest news visit our newsroom or follow us on Twitter at @classactionlaw.
Contact: Reed Kathrein, 510-725-3000
