NEW YORK, December 30, 2022 (GLOBE NEWSWIRE) — Bragar Eagel & Squire, PC, a nationally recognized shareholder rights law firm, is investigating potential claims against PLDT Inc. (“PLDT” or the “Company”) PHI on behalf of PLDT shareholders. Our investigation concerns whether PLDT has violated federal securities laws and/or engaged in other illegal business practices.

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On Dec. 19, 2022, Bloomberg reported, “The Philippine Securities and Exchange Commission has launched an investigation into PLDT Inc.’s 48 billion peso ($866 million) investment budget overrun, which has sparked a record plunge in the stock amid questions about its corporate governance and tax controls .”

Following this news, shares of PLDT fell over 20% on December 19, 2022.

If you have purchased or otherwise acquired PLDT stock and have suffered a loss, are a long-term shareholder, have information, would like to learn more about these claims, or have any questions about this announcement or your rights or interests related to these matters, please contact us Brandon Walker or Melissa Fortunato via email at investigations@bespc.comby phone at (212) 355-4648 or by fill out this contact form. There are no costs or obligations for you.

About Bragar Eagle & Squire, PC:

Bragar Eagel & Squire, PC is a nationally recognized law firm with offices in New York and California. The firm represents individual and institutional investors in commercial, securities, derivatives and other complex litigation in state and federal courts across the country. More information about the company can be found at www.bespc.com. attorney advertising. Previous results do not guarantee similar results.

Contact information:

Bragar Eagle & Squire, PC
Brandon Walker, Esq.
Melissa Fortunato, Esq.
(212) 355-4648
investigations@bespc.com
www.bespc.com