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Investigation announced for Long-Term investors in shares NYSE: GTT over potential Wrongdoing at GTT Communications Inc

04-20-2021 11:41 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of current long term investors in GTT Communications Inc (NYSE: GTT) shares.

An investigation on behalf of current long term investors in GTT Communications Inc (NYSE: GTT) shares.

An investigation was announced concerning potential breaches of fiduciary duties by certain directors and officers of GTT Communications Inc.

Investors who are current long term investors in GTT Communications Inc (NYSE: GTT) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm for current long term investors in NYSE: GTT stocks follows a lawsuit filed against GTT Communications Inc over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE: GTT stocks, concerns whether certain GTT Communications directors are liable in connection with the allegations made in that lawsuit.

The plaintiff alleges that the defendants made false and/or misleading statements and/or failed to disclose that the Company's internal controls suffered from issues related to the recording and reporting of Cost of Telecommunications Services, that the Company's previously reported Cost of Telecommunications was inaccurate or accounted for unsupported adjustments, that inadequate internal controls would result in delays in the Company's 10-Q quarterly reports; and that as a result of the foregoing, Defendants' public statements were materially false and/or misleading and/or lacked a reasonable basis.

Those who purchased shares of GTT Communications Inc (NYSE: GTT) have certain options and should contact the Shareholders Foundation.

Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

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