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Cincinnati Bell Inc. (NYSE:CBB) Investor Investigation Announced

  • If you purchased shares of Cincinnati Bell Inc. (NYSE:CBB) and currently hold any of those NYSE:CBB shares, you have certain options and you should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this investigation, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Investigation Overview

Company
Cincinnati Bell Inc.
Security
NYSE: CBB

Summary

June 7, 2016 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of Cincinnati Bell Inc. (NYSE:CBB) was announced over potential breaches of fiduciary duties by certain officers and directors at Cincinnati Bell Inc.

The investigation by a law firm concerns whether certain Cincinnati Bell officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.

Cincinnati Bell Inc. reported that its annual Total Revenue rose from over $1.07 billion in 2013 to over $1.16 billion in 2015 and that its Net Loss of $64.90 million in 2013 turned into a Net Income of $290.80 million in 2015.

Shares of Cincinnati Bell Inc. (NYSE:CBB) closed on June 7, 2016, at $3.99 per share.

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