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Verizon Hit With Investor Class Action Over Toxic Lead Cables

By Katryna Perera (August 21, 2023, 4:31 PM EDT) -- Verizon, its CEO and former chief financial officer have been hit with a proposed class action in New Jersey federal court by a Detroit retirement fund alleging Verizon and the individual defendants lied to investors about the company's efforts to use environmentally safe network cables and failed to disclose that the existing network of lines are covered in lead....

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