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Altice USA, Inc.

The law firm of Kirby McInerney LLP is investigating potential claims against the board of directors of Altice USA, Inc. (“Altice USA” or the “Company”) (NYSE: ATUS). The investigation concerns whether Altice USA and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices.
On July 25, 2023, media outlets reported that Altice USA co-founder and former Chief Operating Officer Armando Pereira had been placed under house arrest in Portugal in connection with an investigation into alleged corruption, tax fraud, and money laundering at Altice Portugal. On this news, the price of Altice USA shares declined by $0.25 per share, or approximately 7.25%, from $3.45 per share to close at $3.20 on July 25, 2023.

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