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LUMEN ALERT: Bragar Eagel & Squire, P.C. is Investigating Lumen Technologies, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm
LUMNLumen(LUMN) GlobeNewswire News Room·2024-06-18 01:00

At the outset of the Class Period, Lumen announced it would redefine its business by renaming itself from CenturyLink to Lumen and refining its marketing approach, cutting off market segments and operations that did not align with the Company's strategic objectives and adding market segments that were aligned with the Company's vision. However, contrary to Defendants' statements touting the rate of investment and progress in expanding fiber services to SMB and residential markets, Lumen was experiencing ser ...