Lumen Technologies, Inc. f/k/a CenturyLink, Inc. Class Action Lawsuit - LUMN

The filed complaint alleges that Lumen Technologies, Inc. f/k/a CenturyLink, Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) Lumen owned and/or still owns thousands of miles of cables wrapped in lead, a known neurotoxin, within the U.S.; (ii) the foregoing has harmed and posed the risk of further harming the environment, exposed Company employees, and the general public, thereby posing a significant public health risk and environmental pollution risk; (iii) Lumen was on notice about the damage and risks presented by these lead-covered cables but did not disclose them as a potential threat to everyday people and communities, as well as failed to provide adequate lead training to employees; (iv) all the foregoing subjected the Company to a heightened risk of governmental and regulatory oversight and enforcement action, as well as legal and reputational harm; and (v) as a result, the Company’s public statements were materially false and misleading at all relevant times.

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

If you suffered a loss in Lumen Technologies during the relevant time frame or pursuant to the relevant offering(s), you have until November 14, 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.