Market Snapshot
  • U.S.
  • Europe
  • Asia
Ticker Volume Price Price Delta
DJIA 16,408.54 -16.31 -0.10%
S&P 500 1,864.85 2.54 0.14%
NASDAQ 4,095.52 9.29 0.23%
Ticker Volume Price Price Delta
STOXX 50 3,155.81 16.55 0.53%
FTSE 100 6,625.25 41.08 0.62%
DAX 9,409.71 91.89 0.99%
Ticker Volume Price Price Delta
NIKKEI 14,607.98 91.71 0.63%
TOPIX 1,178.17 4.80 0.41%
HANG SENG 22,760.24 64.23 0.28%

Zeldes Haeggquist & Eck, LLP Announces Investigation of CenturyLink, Inc.



  Zeldes Haeggquist & Eck, LLP Announces Investigation of CenturyLink, Inc.

Business Wire

SAN DIEGO -- May 21, 2013

Zeldes Haeggquist & Eck, LLP, a shareholder and consumer rights litigation
firm, announces the commencement of an investigation into CenturyLink, Inc.,
("CenturyLink" or the "Company") (NYSE:CTL) to determine whether the Company
has violated securities laws by issuing false and misleading statements to its
shareholders.

CenturyLink is the third largest telecommunications services provider in the
United States. On February 13, 2013, the Company announced weaker than
expected financial results. The Company also announced a new capital
allocation initiative, under which the Company authorized the repurchase of up
to $2.0 billion of the Company’s outstanding common stock. At the same time
the Company announced a plan to reduce the Company’s quarterly cash dividend
rate from $0.725 to $0.54 per share.

On this news, the price of CenturyLink stock dropped from $41.69 on February
13, 2013 to close at $32.27 on February 14, 2013. We are investigating whether
statements made by CenturyLink to the investing public in connection with the
above were materially false and misleading at the time they were made.

If you are a CenturyLink shareholder who purchased CenturyLink common stock
between August 8, 2012 and February 14, 2013, you may have claims under the
securities laws. If you wish to discuss this investigation, or have questions
about this notice or your legal rights, please contact attorney Amber L. Eck
at (619) 342-8000, or by email at ambere@zhlaw.com. There is no cost to you.

Zeldes Haeggquist & Eck, LLP is a full-service law firm which brings major
class actions nationwide on behalf of defrauded investors and consumers and
handles a variety of complex business litigation matters. Please visit
www.zhlaw.com or our blog for more information about the firm.

Contact:

Zeldes Haeggquist & Eck, LLP
Amber L. Eck, 619-342-8000
ambere@zhlaw.com
Sponsored Links
Advertisement
Advertisements
Sponsored Links
Advertisement