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Investigation announced for Investors in shares of Frontier Communications Parent, Inc. (NASDAQ: FYBR) over possible Violations of Securities Laws

08-08-2023 10:01 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation for investors in Frontier Communications Parent, Inc. (NASDAQ: FYBR) shares.

An investigation for investors in Frontier Communications Parent, Inc. (NASDAQ: FYBR) shares.

An investigation was announced over potential securities laws violations by Frontier Communications Parent, Inc. in connection with certain financial statements.

Investors who purchased shares of Frontier Communications Parent, Inc. (NASDAQ: FYBR), 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 focuses on whether a series of statements by Frontier Communications Parent, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Norwalk, CT based Frontier Communications Parent, Inc., together with its subsidiaries, provides communication and technology services in the United States.

On July 14, 2023, The Wall Street Journal issued an article entitled "I Was Really Sick, And I Didn't Know From What", which discussed illnesses affecting telecoms workers who have been exposed to toxic lead.

On July 17, 2023, The Wall Street Journal released an article entitled "Environmental Groups Ask Epa To Shield Public From Abandoned Lead Cables", which discussed how environmental groups were requesting that the EPA respond to the reports that telecom companies such as Frontier Communications were leaving toxic lead cables around the country.

Shares of Frontier Communications Parent, Inc. (NASDAQ: FYBR) declined from $30.83 per share on February 02, 2023, to as low as $11.65 per share on July 17, 2023.

Those who purchased shares of Frontier Communications Parent, Inc. (NASDAQ: FYBR) 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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