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New Federal Securities Cases

Frontier Communications Corporation

Kirby McInerney LLP announced today a class action lawsuit on behalf of investors who purchased Frontier Communications Corporation ("Frontier" or the "Company") (NASDAQ: FTR) securities between April 1, 2016, and May 2, 2017 (the "Class Period"). Frontier investors have until November 27, 2017 to file a lead plaintiff motion.

Frontier provides communications services, including broadband, video, and voice services. In April 2016, Frontier completed the acquisition of the wireline operations of Verizon Communications, Inc. in California, Texas, and Florida (the "Verizon Acquisition"), for a purchase price of $10.5 billion in cash and assumed debt. Specifically. the complaint alleges that throughout the Class Period, Defendants failed to disclose that Frontier acquired a substantial number of non-paying accounts as part of its acquisition of the wireline operations of Verizon Communications, Inc. and as a result, Frontier would be required to increase its reserves and write off amounts from accounts receivable associated with the non-paying accounts.

If you acquired Frontier securities during the Class Period and are interested in learning more about this matter and any rights you might have with respect to these claims, please contact Thomas W. Elrod at telrod@kmllp.com or by filling out the Contact form below. Please bear in mind that some of these rights may be time-sensitive.


Investigation Contact Form

Frontier Communications Corp. Contact Form



Attorneys

Thomas W. Elrod


Kirby McInerney LLP | 825 Third Avenue | NYC 10022 | Tel. 212.371.6600 | Fax 212.751.2540

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