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Kaskela Law LLC Announces Investigation of Dycom Industries, Inc. (DY) and Encourages Long-Term Current Stockholders to Contact the Firm

Saturday, 18 April 2020 09:00 AM

Kaskela Law LLC

Topic:
Lawsuits

PHILADELPHIA, PA / ACCESSWIRE / April 18, 2020 / Kaskela Law LLC is investigating Dycom Industries, Inc. ("Dycom" or the "Company") (NYSE:DY) on behalf of the Company's stockholders.

Recently, a shareholder complaint was filed in federal court on behalf of investors who purchased shares of the Company's stock between November 20, 2017 and August 10, 2018. According to the complaint, during that time period Dycom and certain executive officers issued a series of false and misleading statements to investors, and failed to disclose that certain top customers had "cancelled millions of dollars' worth of contracts," which cost Dycom "millions of dollars in lost revenue and critical business relationships with key customers and permitting authorities."

The firm's investigation seeks to determine whether members of Dycom's board of directors breached their fiduciary duties in connection with this alleged misconduct.

Current Dycom stockholders who purchased shares of the Company's stock prior to November 20, 2017 are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq.) at (484) 258 - 1585, or via email at [email protected] or online at http://kaskelalaw.com/case/dycom/, for additional information about this investigation and their legal rights and options.

Kaskela Law LLC represents investors in securities fraud, corporate governance, and merger & acquisition litigation. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com. This notice may constitute attorney advertising in certain jurisdictions.

CONTACT:

D. Seamus Kaskela, Esq.
KASKELA LAW LLC
18 Campus Blvd., Suite 100
Newtown Square, PA 19073
(484) 258 - 1585
(888) 715 - 1740
www.kaskelalaw.com
[email protected]

SOURCE: Kaskela Law LLC

Topic:
Lawsuits
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