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Consolidated Communications Holdings Inc (NASDAQ:CNSL) Investor Investigation Announced

  • If you purchased shares of Consolidated Communications Holdings Inc (NASDAQ:CNSL) and currently hold any of those NASDAQ:CNSL 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
Consolidated Communications Holdings
Security
NASDAQ: CNSL

Summary

January 19, 2017 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of Consolidated Communications Holdings Inc (NASDAQ:CNSL) was announced over potential breaches of fiduciary duties by certain officers and directors at Consolidated Communications Holdings.

The investigation by a law firm concerns whether certain Consolidated Communications Holdings officers and directors breached their fiduciary duties.

Mattoon, IL based Consolidated Communications Holdings, Inc. is a holding company with operating subsidiaries that provide integrated communications services in consumer, commercial and carrier channels. Consolidated Communications Holdings Inc reported that its annual Total Revenue rose from $635.74 million in 2014 to $775.74 million in 2015 and that its Net Income of $15.07 million in 2014 declined to a Net Loss of $0.88 million in 2015.

On January 19, 2017, NASDAQ:CNSL shares closed at $26.22 per share.

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