Energy News / Shareholders Foundation, Inc.

NYSE:ATUS Shareholder Notice Investigation over Potential Wrongdoing at Altice USA Inc

Via: ReleaseWire

Updated 12:00 PM CDT, Tue, April 10,2018

An investigation on behalf of investors in Altice USA Inc (NYSE:ATUS) shares over potential wrongdoing at Altice USA Inc was announced.

San Diego, CA -- (SBWIRE) -- 04/10/2018 -- An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at Altice USA Inc.

Investors who purchased shares of Altice USA Inc (NYSE:ATUS) 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 Altice USA Inc directors breached their fiduciary duties and caused damage to the company and its shareholders.

Long Island City, NY based Altice USA, Inc. is engaged in providing broadband communications and video services in the United States. Altice USA Inc went public in June 2017.

Shares of Altice USA Inc (NYSE:ATUS) declined from $34.30 per share in June 2017 to as low as $17.85 per share in November 2017.

On February 27, 2018, Altice USA Inc reported its full year and fourth quarter 2017 results. Altice USA Inc reported that its annual Total Revenue rose from over $6.01 billion in 2016 to over $9.32 billion in 2017 and that its Net Loss of $823.03 million in 2016 turned into a Net income of over $1.52 billion in 2017.

Those who purchased shares of Altice USA Inc (NYSE: ATUS) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

For more information on this press release visit:
http://www.sbwire.com/press-releases/nyseatus-shareholder-notice-investigation-over-potential-wrongdoing-at-altice-usa-inc-961029.htm

Media Relations Contact
Michael Daniels
858-779-1554
Email: Click to Email Michael Daniels
Web: http://www.ShareholdersFoundation.com