IMPORTANT INVESTOR ALERT: Goldberg Law PC Reminds Investors with Losses Greater Than $100,000 in MasTec, Inc. of July 6, 2015...
July 03 2015 - 8:30PM
Business Wire
Goldberg Law PC (www.Goldberglawpc.com) reminds investors in
MasTec, Inc. (“MasTec” or the “Company”) (NYSE: MTZ), who purchased
or otherwise acquired shares between August 12, 2014 and March 17,
2015, inclusive (the “Class Period”), of the July 6, 2015 deadline
to file a motion to be appointed as lead plaintiff.
If you are a shareholder who suffered a loss during the Class
Period, we advise you to contact Michael Goldberg or Brian Schall,
of Goldberg Law PC, 13650 Marina Pointe Dr. Suite 1404, Marina Del
Rey, CA 90292, at 800-977-7401, to discuss your rights without cost
to you. You can also reach us through the firm’s website at
http://www.Goldberglawpc.com, or by email at
info@goldberglawpc.com.
The class in this case has not yet been certified, and until
certification occurs, you are not represented by an attorney. If
you choose to take no action, you can remain an absent class
member.
MasTec is an infrastructure company whose primary activities
include engineering, building installation, maintenance and upgrade
of energy, and utility and communications infrastructure throughout
North America. The complaint alleges that throughout the Class
Period, the Company made false and/or misleading statements and
failed to disclose that: (1) certain cost to complete estimates,
currently believed to be in the range of zero to $13 million, which
were recognized during the company’s third quarter of 2014, should
have been recognized during the second quarter of 2014; (2)
MasTec’s internal controls over financial reporting were
ineffective; and (3) as a result of the foregoing, the Company’s
public statements were materially false and misleading at all
relevant times. On March 2, 2015, MasTec announced that it would
delay filing its Annual Report for the period ended December 31,
2014. Following this announcement, MasTec issued a press release on
May 17, 2015, announcing an additional delay in the filing of its
Annual Report. As a result of this news, shares of the Company fell
9.5% on heavy volume.
If you have any questions concerning your legal rights in this
case, please immediately contact Goldberg Law PC at 800-977-7401,
via email at info@goldberglawpc.com, or visit our website at
Goldberglawpc.com.
Goldberg Law PC represents shareholders around the world and
specializes in securities class actions and shareholder rights
litigation.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20150703005343/en/
Goldberg Law PC, Los AngelesMichael Goldberg, Esq.,
800-977-7401Brian Schall, Esq.,
800-977-7401info@goldberglawpc.comGoldberglawpc.comhttps://twitter.com/search?q=golberglawpc&src=typdhttps://www.facebook.com/pages/Goldberg-Law-PC/850505465033804?fref=ts
MasTec (NYSE:MTZ)
Historical Stock Chart
From Aug 2024 to Sep 2024
MasTec (NYSE:MTZ)
Historical Stock Chart
From Sep 2023 to Sep 2024