Investors can contact the law firm at no cost to learn more about recovering their losses

LOS ANGELES , Aug. 28, 2023 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Verizon Communications, Inc. (NYSE: VZ) investors that a lawsuit filed on behalf of investors that purchased Verizon securities between Oct. 30, 2018 between July 26, 2023, both dates inclusive (the “Class Period”).

Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: lesley@portnoylaw.com, to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.

The complaint alleges that Verizon made false or misleading statements and failed to disclose important information regarding its ownership of toxic lead-covered cables across the U.S. These cables pose health risks to both employees and non-employees. The company faces potential legal, regulatory, and reputational consequences due to these cables and their associated health risks. Despite being aware of the dangers, Verizon did not disclose them. The truth came to light through a series of Wall Street Journal articles published between July 9 and July 26, 2023. These articles revealed that Verizon and others had left behind toxic lead cables in various locations, including rivers and states like Louisiana, New York, and New Jersey. The articles also highlighted that Verizon had known about the health risks posed by lead in its networks for years and that some workers had illnesses linked to lead exposure. Additionally, the Justice Department and Environmental Protection Agency are investigating whether telecom companies were aware of the risks posed by these abandoned lead cables.

Please visit our website to review more information and submit your transaction information.

The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.

Lesley F. Portnoy, Esq.
Admitted CA and NY Bar
lesley@portnoylaw.com
310-692-8883
www.portnoylaw.com

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