Press release
Investigation announced for Long-Term Investors in who lost money with shares of Telephone and Data Systems, Inc. (NYSE: TDS)
An investigation on behalf of current long term investors in Telephone and Data Systems, Inc. (NYSE: TDS) shares.
Investors who are current long term investors in Telephone and Data Systems, Inc. (NYSE: TDS) 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 Telephone and Data Systems, Inc. (NYSE: TDS stocks follows a lawsuit filed against Telephone and Data Systems, Inc. (NYSE: TDS over alleged securities laws violations. The investigation on behalf of current long term investors in Telephone and Data Systems, Inc. (NYSE: TDS stocks, concerns whether certain Telephone and Data Systems, Inc. (NYSE: TDS officers and directors are liable in connection with the allegations made in that lawsuit.
According to that complaint filed in the U.S. District Court for the Northern District of Illinois the plaintiff alleges that Telephone and Data Systems, Inc. and its subsidiary, United States Cellular Corporation ("UScellular"), made materially false and/or misleading statements and/or failed to disclose that Defendants had no reason to believe UScellular's "free upgrade" promotional activity, which was tested and trialed during the second quarter of 2022, was effective at reducing the UScellular's postpaid churn rate as they represented to investors, as opposed to merely adding new postpaid subscribers, when its churn rate was actually increasing or remaining constant over most quarters between May 6, 2022 and November 3, 2022, that UScellular was not making progress with respect to its churn rate, as it represented to investors, that UScellular was not in fact balancing its promotional activity and its profitability, that due to extreme competition among postpaid carriers, UScellular did not have the flexibility to offset the costs from widespread, expensive promotions with price increases, and that as a result of the Companies' decision for UScellular to continue engaging in heavy promotions to address its postpaid subscriber churn rate despite any lack of positive impact on churn rate, UScellular's profitability substantially declined.
Those who purchased shares of Telephone and Data Systems, Inc. (NYSE: TDS) 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.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Investigation announced for Long-Term Investors in who lost money with shares of Telephone and Data Systems, Inc. (NYSE: TDS) here
News-ID: 3212807 • Views: 404
More Releases from Shareholders Foundation
Investigation announced for Long-Term Investors who lost money with shares of Do …
An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at Doximity, Inc.
Investors who purchased shares of Doximity, Inc. (NYSE: DOCS) 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 concerns whether certain Doximity, Inc. directors breached their fiduciary duties and caused damage to the company and its shareholders.
San Francsico, CA based…
Investigation announced for Long-Term Investors in shares of Funko, Inc. (NASDAQ …
An investigation was announced for investors in shares of Funko, Inc. (NASDAQ: FNKO) concerning potential breaches of fiduciary duties by certain directors and officers of Funko, Inc..
Investors who are current long term investors in Funko, Inc. (NASDAQ: FNKO) 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 NASDAQ: FNKO…
Investigation announced for Investors in shares of Reata Pharmaceuticals, Inc. ( …
An investigation was announced over potential breaches of fiduciary duties by certain directors at Reata Pharmaceuticals, Inc.
Investors who purchased shares of Reata Pharmaceuticals, Inc. (NASDAQ: RETA) 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 concerns whether certain Reata Pharmaceuticals, Inc. officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Plano,…
Investigation announced for Investors who lost money with shares of Semtech Corp …
An investigation was announced for investors of Semtech Corporation (NASDAQ: SMTC) shares over potential securities laws violations by Semtech Corporation.
Investors who purchased shares of Semtech Corporation (NASDAQ: SMTC), 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 possible claims on behalf of purchasers of the securities of Semtech Corporation (NASDAQ: SMTC) concerning whether a series…
More Releases for Telephone
Ablio launches telephone interpreting services in Brazil
November 19, 2018 - Ablio is opening its telephone interpreting services in Brazil today. It is launching the localized version of its service platform as well as opening new offices in Brasilia, where its customer care operations for the Brazilian market will be handled.
“We are the first telephone interpreting provider to establish local offices and customer care support in Brazil, a country with a population of over 200 million…
Zeotel Communication Acquires Topivr, Cloud Telephone Startup
Zeotel Communications, a leading cloud telephony startup has acquired a newly setup TopIVR, which also into cloud telephone solution provider of domestic market. After this acquisition, zeotel communication has crossed its 4000 customer’s base and by 2018 company aims to reach 5000 clientele.
Delhi NCR based startup Zeotel Communication has achieve success in very short span of time under the leadership of Mohinish Verma, who was also pioneer…
Satellite Telephone Market Research Report 2017
MRC announces the addition of new study based research report on Satellite Telephone market to their suite of offerings.
Where the Satellite Telephone market is heading? If you are involved in Satellite Telephone sector, the report brings to your attention a basic overview of the Satellite Telephone market with market definition, classification, applications, segmentation, plans, manufacturing processes, product specifications, cost structures, regional analysis, and value chain analysis. Equipped with all…
Data8 announce improved telephone prospecting applications
Data8 have today announced a number of additional services to help clients who are using telephone data for prospecting.
Antony Allen, managing director data8 said “Our technical team have developed three new services to assist telephone marketers, firstly Live Number Checking, using our proprietary technology we can validate that telephone numbers are live. Secondly our real-time web service API for mobile validation service now boasts truly world-wide coverage and finally we…
Cavalier Telephone Awarded Treasury Contract
Cavalier Telephone, the Mid-Atlantic's leading provider of advanced telecommunications services, has been awarded a contract from a division of the United States Department of the Treasury.
RICHMOND, VA - Cavalier Telephone, an integrated provider of telecommunications and data, including local and long distance telephone services and DSL high speed internet for businesses, government and residential customers, has announced the award of a contract from the Financial Crimes Enforcement Network (FinCEN), a…
Mobile Phone Integration in Panasonic Telephone Systems
Panasonic and Speech Design partner on Fixed-Mobile-Convergence
Both companies announce their close future cooperation. Speech Design technology enables Panasonic to integrate mobile handsets with its ISDN and VoIP business communication systems. With Panasonic, Speech Design has won the third global PBX manufacturer for its convergence solution.
The mobile integration platform is Speech Design´s Teleserver Mobile Pro, now available for the KX-TDA telephone system family from Panasonic. ”This partnership enables our customers to…
