Rosen Firm Secures Lead Role In Altice Stock-Drop Suit

Law360 (March 25, 2019, 3:01 PM EDT) -- The Rosen Law Firm got the green light from a New York federal judge Friday to lead a proposed class action against Altice USA that alleges the cable television provider misled investors in the lead-up to its $2.2 billion initial public offering.

In a brief order, U.S. District Judge Peggy Kuo tapped The Rosen Law Firm PA to act as lead counsel in the suit for investors who allege Altice USA Inc. misled them ahead of the IPO. The proposed class alleges the company filed misleading registration statements with the U.S. Securities and Exchange Commission that misstated a proprietary growth model it had developed...

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