LOS ANGELES, CA / ACCESSWIRE / March 20, 2017 / Lundin Law PC, a shareholder rights firm, announces the filing of a class action lawsuit against BT Group plc ("BT Group" or the "Company") (BT) concerning possible violations of federal securities laws between May 10, 2013 and January 23, 2017, inclusive (the "Class Period"). Investors, who purchased or otherwise acquired shares during the Class Period, should contact the firm prior to the March 27, 2017 lead plaintiff motion deadline.
No class has been certified in the above action. Until a class is certified, you are not considered represented by an attorney. You may also choose to do nothing and be an absent class member.
On January 24, 2017, BT Group disclosed a profit warning and suggested that it was lowering its guidance for 2017 and 2018, due to an investigation into the accounting practices at its Italian company.
When this news was released to the public, the value of BT Group dropped, causing investors serious harm.
Lundin Law PC was founded by Brian Lundin, a securities litigator based in Los Angeles dedicated to upholding shareholders' rights.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
SOURCE: Lundin Law PC