GENERAL RETIREMENT SYSTEM OF THE CITY OF DETROIT v. VERIZON COMMUNICATIONS, INC. et al

Track this case

Case Number:

3:23-cv-05218

Court:

New Jersey

Nature of Suit:

Securities/Commodities

Multi Party Litigation:

Class Action

Judge:

Robert Kirsch

Firms

Companies

Sectors & Industries:

  1. October 20, 2023

    2 Firms To Lead Verizon Investor Suit Over Lead Cables

    A New Jersey federal judge has appointed Grant & Eisenhofer PA and Kessler Topaz Meltzer & Check LLP as lead counsel in a class action against Verizon and its top brass, alleging they lied to investors about the company's efforts to use environmentally safe network cables and failed to disclose the existing network lines are covered in lead.

  2. August 21, 2023

    Verizon Hit With Investor Class Action Over Toxic Lead Cables

    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.