If you have purchased shares of AT&T Inc. (NYSE: T) Check this Class Action Lawsuit - ClaimsFiler

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If you have purchased shares of AT&T Inc. (NYSE: T) stock  may be it is time you got in touch with your lawyer. AT&T and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws. These seem to be related to DirecTV and DirecTV Now subscribers, despite its prior statements touting the expected subscriber growth potential, 3Q2018 results for the first full quarter  included significant decreases numbers related to those services.

AT&T SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against AT&T, Inc. 

NEW ORLEANS, April 26, 2019 /PRNewswire/ -- ClaimsFiler, a FREE shareholder information service, reminds investors that they have until May 31, 2019 to file lead plaintiff applications in a securities class action lawsuit against AT&T, Inc. (NYSE: T), if they purchased the Company's 1) securities between October 22, 2016 and October 24, 2018, inclusive (the "Class Period") and/or 2) shares issued in connection with its June 2018 acquisition of Time Warner.  This action is pending in the United States District Court for the Southern District of New York.

Get Help

AT&T investors should visit us at https://www.claimsfiler.com/cases/view-atampt-inc-securities-litigation or call toll-free (844) 367-9658.  Lawyers at Kahn Swick & Foti, LLC are available to discuss your legal options.

About the Lawsuit

AT&T and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws. 

On October 24, 2018, following AT&T's June 2018 acquisition of Time Warner, the Company disclosed its 3Q2018 results for the first full quarter post-Acquisition that included significant decreases in traditional DirecTV and DirecTV Now subscribers, despite its prior statements touting the expected subscriber growth potential.

On this news, the price of AT&T's shares fell nearly 12%.

The case is Gross v. AT&T Inc. et al, 19-cv-2892.

About ClaimsFiler

ClaimsFiler has a single mission: to serve as the information source to help retail investors recover their share of billions of dollars from securities class action settlements. At ClaimsFiler.com, investors can: (1) register for free to gain access to information and settlement websites for various securities class action cases so they can timely submit their own claims; (2) upload their portfolio transactional data to be notified about relevant securities cases in which they may have a financial interest; and (3) submit inquiries to the Kahn Swick & Foti, LLC law firm for free case evaluations.

To learn more about ClaimsFiler, visit www.claimsfiler.com.

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Sprint Is Calling Out AT&T for Misleading 5GE Branding.

Sprint on Sunday took a new page on AT&T's 5G fakeness with a full-page ad in The New York Times calling out AT&T. Sprint is pointing that AT&T's "5GE" network label actually delivering 4G speeds with a 5G icon.
We reported when AT&T first started upgrading customer iPhones to read "5GE" in the iOS 12.2, and the misleading fake 5G branding became much more widespread and AT&T in turn became the laughing stock in and out of social media.

Sprint released a letter (PDF) which calls AT&T's 5G Evolution "fake 5G" and clarifies that AT&T is not, in fact, offering faster speeds than other carriers who deliver the same 4G LTE advancements that AT&T has enabled such as three-way carrier aggregation, 256 QAM, and 4x4 MIMO. The motto of the letter is "AT&T’s fake 5G claims are deceiving consumers, but Sprint is fighting for you."

While Sprint is working hard to deliver mobile 5G and the first 5G smartphone in the U.S., AT&T is hard at work trying to convince you that they already won the race to 5G with something they call "5G Evolution." That is simply untrue.

Don't be fooled. 5G Evolution isn't new or true 5G. It is fake 5G.

They would love for you to believe they are different ... better. The truth is AT&T is simply offering customers a nationwide 4G LTE network just like Sprint and all the other major wireless carriers. It's not 5G.

We filed a lawsuit against AT&T demanding that they immediately end their false and deceptive marketing campaign. AT&T seems to be delighted by the depth and breadth of their deception.

AT&T admitted that the company’s 5G E advertising is strictly a narrative to outline how they want the world to work – not a reflection of today’s reality. In the coming years, 5G promises new levels of innovation and progress that will transform how we live, work and play. It will enable revolutions in smart cities, health care, connected cars, robotics, augmented and virtual reality, entertainment and more. Sprint is proud to have played a key role in developing 5G standards that will support this faster and more reliable service.

By this summer, we will begin offering our customers real mobile 5G in nine major metro areas. And if the merger of Sprint and T-Mobile is approved, the new company will deliver the world’s best 5G network with higher speeds and more capacity, coverage and consistency nationwide, including in rural America. In the meantime, Sprint is committed to taking the necessary steps to successfully launch 5G. AT&T would rather skip these steps and claim to win the race to 5G by pretending their existing network is 5G. It’s not, and we won’t stand for it – neither should you. Sprint

When We Say 5G, It Is Fake -- AT&T! Industry Takes AT&T To The Task.

When over eager but always under delivering AT&T started updating the 4G LTE logos with a 5Ge logo, users were easily NOT fooled. So the Internet was ablaze. As one hope that other carriers wont follow the suite, both Verizon and T-Mobile declared what AT&T did was wrong.

Verizon declared in a nicely written letter;

That’s why we’re calling on the broad wireless industry to commit to labeling something 5G only if new device hardware is connecting to the network using new radio technology to deliver new capabilities. Verizon is making this commitment today: We won’t take an old phone and just change the software to turn the 4 in the status bar into a 5. We will not call our 4G network a 5G network if customers don’t experience a performance or capability upgrade that only 5G can deliver.

T-Mobile just tweeted;

didn’t realize it was this easy, brb updating pic.twitter.com/dCmnd6lspH

— T-Mobile (@TMobile) January 7, 2019