PLDT Inc. Class Action Lawsuit - PHI

Company
PLDT Inc. (NYSE: PHI)
Lead Plaintiff Deadline
April 7, 2023 (Expired)
Class Period
January 1, 2019 - December 19, 2022

Expired

Lead Plaintiff Deadline

Apr 7, 2023

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Allegations

The filed complaint alleges that PLDT Inc. made materially false and/or misleading statements and/or failed to disclose that:

(1) there were capital spending budget overruns; (2) defendants failed to address weaknesses that allowed such budget overruns; and (3) as a result, defendants’ statements about the Company's business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Eligibility

In order to be eligible to join the PHI class action lawsuit, you must have incurred a loss on shares of PLDT purchased during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in PLDT during the relevant time frame or pursuant to the relevant offering(s), you have until April 7, 2023 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

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