|Day's Range||22.91 - 23.62|
|52 Week Range||22.26 - 33.45|
|PE Ratio (TTM)||23.14|
|Dividend & Yield||2.16 (9.41%)|
|1y Target Est||N/A|
The CEO of CenturyLink Inc. is telling employees to keep their spirits up after accusations arose that the company engaged in billing fraud. CEO Glen Post sent out a memo to employees last week, in the wake of the Minnesota Attorney General suing CenturyLink (CTL) earlier this month, claiming the company "fraudulently charged Minnesota consumers more than the price the company quoted to them at the time of sale.
Be a buyer of CTL at current levels, risking a close below $21.
The chief executive of CenturyLink Inc said he disagrees with claims made by the Minnesota Attorney General of not cooperating with the investigation related to a lawsuit on overcharging for internet and cable services. In an email sent to company employees on Thursday, Glen Post said he does not agree with the attorney general's claims of being "uncooperative" pertaining to the ongoing investigation. The lawsuit, filed earlier this month, alleges CenturyLink often refused to honor the lower prices customers had initially been given by sales agents, saying that they were misquoted or did not qualify for promotional discounts.