Federman & Sherwood Announces Filing of Securities Class Action Lawsuit Against GTT Communications, Inc.
OKLAHOMA CITY – (BUSINESS WIRE) – Federman & Sherwood announces that a class action lawsuit against GTT Communications, Inc. (NYSE: GTT) has been filed in the U.S. District Court for the Central District of California on January 12, 2021. The complaint alleges violations of federal securities laws, Sections 10 (b) and 20 (a) of the Securities Exchange Act of 1934 and rule 10b-5, including allegations of a number of material or misrepresentations being brought into the market that had the effect of artificially increasing the market price during the class period from May 5, 2016 to November 9, 2020.
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Plaintiff is seeking damages on behalf of all shareholders of GTT Communications, Inc. who purchased common shares during the Class Period and are therefore members of the Class as described above. You can move the court as the lead plaintiff for the entire class no later than Monday, March 15, 2021. However, to do this, you must meet certain legal requirements under the Private Securities Litigation Reform Act of 1995.
If you would like to discuss this action, seek further information, participate in this or any other securities dispute, or have any questions or concerns regarding this notice or the safeguarding of your rights, please contact:
FEDERMAN & SHERWOOD
10205 North Pennsylvania Avenue
Oklahoma City, OK 73120
Email to: email@example.com
Or visit the company’s website at www.federmanlaw.com