An investigation on behalf of investors of Dycom Industries, Inc. (NYSE: DY) shares over potential securities laws violations by Dycom Industries and certain of its directors and officers in connection with certain financial statements was announced.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Dycom Industries, Inc. (NYSE: DY) concerning whether a series of statements by Dycom Industries, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Florida base Dycom Industries, Inc. provides specialty contracting services in the United States and Canada. On August 13, 2018, Dycom Industries, Inc. announced that its revenue and results for the quarter ended July 28, 2018 will be below previous guidance. The company also revised its financial guidance for the 2019 second quarter and the current expectations for the remainder of the fiscal year
Shares of Dycom Industries, Inc. (NYSE: DY) declined to as low as $67.15 per share on August 13, 2018.