July 09, 2020
A Florida federal judge on Thursday preliminarily approved a $9.5 million deal between telecommunications infrastructure company Dycom Industries and investors accusing it of overstating projected growth, leading to a drop in its stock price.
April 14, 2020
Dycom Industries Inc. can't shake a proposed securities class action accusing the telecommunications infrastructure company of overstating its projected growth, after a Florida federal judge on Tuesday found that Dycom shareholders convincingly argued the company misled them.
February 06, 2020
Dycom investors on Wednesday told a Florida federal judge that the company's executives knew exactly how much the company was struggling in the period leading up to a stock price fall — and since Dycom downplayed those problems then, the investors said, it should have to face a securities lawsuit now.
January 23, 2020
Telecommunications infrastructure company Dycom Industries Inc. on Wednesday sought to end a shareholder's proposed class action against it, telling a Florida federal judge that its investors had gone out on a limb with their allegations.
October 26, 2018
Telecommunications infrastructure company Dycom Industries Inc. and its top executives misled investors by painting an overly rosy picture of the company's projected growth, resulting in two stock drops when the truth came out, according to a proposed securities class action filed by shareholders in Florida federal court Thursday.