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MarketScreener Homepage  >  Equities  >  Nyse  >  GTT Communications, Inc.    GTT

GTT COMMUNICATIONS, INC.

(GTT)
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GTT Communications : ROSEN, GLOBAL INVESTOR COUNSEL, Reminds GTT Communications, Inc. Investors of Important Deadline in Securities Class Action First Filed by Firm – GTT

01/16/2021 | 11:01am EST

Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of GTT Communications, Inc. (NYSE: GTT) between May 5, 2016 and November 9, 2020, inclusive (the “Class Period”), of the important March 15, 2021 deadline in the securities class action first filed by the firm. The lawsuit seeks to recover damages for GTT investors under the federal securities laws.

To join the GTT class action, go http://www.rosenlegal.com/cases-register-1927.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) the Company’s internal controls suffered from issues related to the recording and reporting of Cost of Telecommunications Services; (2) the Company’s previously reported Cost of Telecommunications was inaccurate or accounted for unsupported adjustments; (3) inadequate internal controls would result in delays in the Company’s 10-Q quarterly reports; and (4) as a result of the foregoing, Defendants’ public statements were materially false and/or misleading and/or lacked a reasonable basis.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than March 15, 2021. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://www.rosenlegal.com/cases-register-1927.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or cases@rosenlegal.com.

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. AN INVESTOR’S ABILITY TO SHARE IN ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD PLAINTIFF.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm’s attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors. Attorney Advertising. Prior results do not guarantee a similar outcome.


© Business Wire 2021
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Financials (USD)
Sales 2020 1 680 M - -
Net income 2020 -176 M - -
Net Debt 2020 - - -
P/E ratio 2020 -0,56x
Yield 2020 -
Capitalization 100,0 M 100,0 M -
Capi. / Sales 2020 0,06x
Capi. / Sales 2021 0,06x
Nbr of Employees 3 100
Free-Float 72,4%
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Mean consensus UNDERPERFORM
Number of Analysts 3
Average target price
Last Close Price 1,70 
Spread / Highest target -
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Managers and Directors
NameTitle
Ernest Ortega Chief Executive & Revenue Officer
Donna Granato Chief Financial & Accounting Officer
H. Brian Thompson Executive Chairman
Robert Burris Senior VP-Global Engineering & Operations
Donald MacNeil Chief Operating Officer
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