CCI LOSSES ALERT: Bernstein Liebhard is Investigating Crown Castle International Corp., for Violations of the Federal Securit...
February 26 2020 - 8:54PM
Business Wire
Bernstein Liebhard, a nationally acclaimed investor rights law
firm, is investigating potential securities fraud claims on behalf
of shareholders of Crown Castle International Corp. ("Crown Castle"
or the "Company") (NYSE: CCI) from allegations that Crown Castle
might have issued misleading information to the investing
public.
If you purchased Crown Castle securities, and/or would like
to discuss your legal rights and options please visit Crown
Castle Shareholder Investigation or contact Matthew E. Guarnero
toll free at (877) 779-1414 or MGuarnero@bernlieb.com.
On February 26, 2020, Crown Castle announced that its accounting
practice regarding recognizing servicing revenues from its tower
installations were “not acceptable under GAAP." The Company stated
that it would restate its financial statements for the years ended
December 31, 2018 and 2017 and for the first three quarters in the
year ended December 31, 2019.
On this news, Crown Castle’s stock price fell precipitously
during after-hours trading.
If you purchased Crown Castle Health securities, and/or would
like to discuss your legal rights and options please visit
https://www.bernlieb.com/cases/crowncastleinternationalcorp-cci-shareholder-class-action-lawsuit-stock-fraud-256/apply/
or contact Matthew E. Guarnero toll free at (877) 779-1414
or MGuarnero@bernlieb.com.
Since 1993, Bernstein Liebhard LLP has recovered over $3.5
billion for its clients. In addition to representing individual
investors, the Firm has been retained by some of the largest public
and private pension funds in the country to monitor their assets
and pursue litigation on their behalf. As a result of its success
litigating hundreds of lawsuits and class actions, the Firm has
been named to The National Law Journal’s “Plaintiffs’ Hot List”
thirteen times and listed in The Legal 500 for ten consecutive
years.
ATTORNEY ADVERTISING. © 2019 Bernstein Liebhard LLP. The law
firm responsible for this advertisement is Bernstein Liebhard LLP,
10 East 40th Street, New York, New York 10016, (212) 779-1414. The
lawyer responsible for this advertisement in the State of
Connecticut is Michael S. Bigin. Prior results do not guarantee or
predict a similar outcome with respect to any future matter.
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Matthew E. Guarnero Bernstein Liebhard LLP
https://www.bernlieb.com (877) 779-1414 MGuarnero@bernlieb.com
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