NEW YORK, NY / ACCESSWIRE / February 27, 2020 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Crown Castle International Corp. ("Crown Castle" or the Company") (NYSE:CCI). Investors who purchased Crown Castle securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/cci.
The investigation concerns whether Crown Castle and certain of its officers and/or directors have violated federal securities laws.
On February 26, 2020, Crown Castle disclosed that its historical accounting practice with respect to recognizing servicing revenues from its tower installation services "was not acceptable under GAAP." The Company advised investors that it would restate its financial statements for the years ended December 31, 2018 and 2017 and for the first three quarters in the year ended December 31, 2019. On this news, Crown Castle's stock price fell sharply during intraday trading on February 27, 2020.
If you are aware of any facts relating to this investigation, or purchased Crown Castle shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/cci. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | [email protected]
SOURCE: Bronstein, Gewirtz & Grossman, LLC