Lumen Technologies, Inc.: Please contact the Portnoy Law Firm to…

Lumen Technologies, Inc.: Please contact the Portnoy Law Firm to…

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LOS ANGELES, May 02, 2023 (GLOBE NEWSWIRE) — The law firm of Portnoy advises Lumen Technologies, Inc. (“Lumen” or “the Company”) LUMIN Investors who have filed a lawsuit on behalf of investors who have purchased Lumen securities LUMIN between September 14, 2020 and February 7, 2023 (the “Collection Period”).

Investors are encouraged to contact an attorney Lesley F Portnoyby phone 844-767-8529 or E-mail: lesley@portnoylaw.comto discuss your legal rights, or Click here to join the case about www.portnoylaw.com. Portnoy Law Firm can provide a free case assessment and discuss investors’ options for making claims to recover their losses.

Pursuant to the lawsuit, the defendants are accused of making false and/or misleading statements by misrepresenting and failing to disclose material negative information related to the Company’s business, operations and prospects. The defendants were aware of these facts or deliberately disregarded them. Defendants’ false and/or misleading statements and/or omissions include the following: (1) impediments impeded the Company’s ability to invest in and grow its Quantum Fiber brand; (2) Quantum Fiber made no progress as publicly claimed; (3) the company’s management reassessed its strategic priorities and halted plans to rapidly expand the Quantum Fiber brand; and (4) due to the Company’s decision to defer Quantum Fiber’s expansion, its results and metrics were negatively impacted and scaling of Quantum Fiber would not occur until late 2023 at the earliest.

Please visit our website to verify further information and to submit your transaction information.

Portnoy Law Firm represents investors in asserting claims against companies caused by wrongdoing. The firm’s founding partner has recovered over $5.5 billion for aggrieved investors. attorney advertising. Previous results do not guarantee…



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