WE GIVE SHAREHOLDERS A VOICE
Levi & Korsinsky announces the commencement of a securities action on behalf of Altice USA, Inc. (NYSE: ATUS) shareholders who purchased shares pursuant to the Company’s Initial Public Offering on our around June 22, 2017. The complaint alleges that the Registration Statement filed for the Company’s Initial Public Offering contained materially false and misleading information and/or failed to disclose material information. In particular, the complaint alleges that the Company’s offering materials repeatedly touted the “competitive strengths” of Altice’s relationship with Altice N.V. when, in fact, Altice N.V. was suffering severe customer attrition in its France and Portugal markets as a result of mismanaged price increases and low-quality customer support.