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0 0 0 0 0.000372268381741401 0.00116432876842526 0.00472860050850272 0.00453058541183179
Stock impact report

The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of PLDT Inc. (PHI) Investors

PLDT Inc. Sponsored ADR (PHI) 
US:NYSE Investor Relations: pldt.com/investor-relations
Company Research Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of persons and entities that purchased or otherwise acquired PLDT Inc. (“PLDT” or the “Company”) (NYSE: PHI) securities between January 1, 2019 and December 19, 2022, inclusive (the “Class Period”). PLDT investors have until April 7, 2023 to file a lead plaintiff motion.If you are a shareholder who suffered a loss, click here to participate.On December 16, 2022, PLDT announced that it had overrun its budget by PHP 48 billion (equivalent to $866 million) for broadband and data projects over the past four years. The Company stated that it was “undertaking a management reorganization process and has initiated improvements on its processes and systems to address weakness that allowed such budget overruns to occur.” In response, the Philippines Securities and Exchange Commission has launched an inquiry amid questions over the Company’s corporate governance and f Show less Read more
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