Pawar Law Group Announces the Filing of a Securities Class Action Lawsuit Against BT Group plc – BT

NEW YORK, NY / ACCESSWIRE / February 7, 2017 / The Pawar Law Group announces a class action lawsuit on behalf of BT Group plc (“BT” or the “Company”) (NYSE: BT) investors who purchased BT shares between May 24, 2012 and January 20, 2017, inclusive (the “Class Period”). The suit is for recovery of investor losses.

To participate in this class action lawsuit, visit the firm’s website at http://pawarlawgroup.com/cases/bt-group-plc/ or email Vik Pawar, Esq. at vik@pawarlawgroup.com or call toll free at (866) 999-0873.

No class has been certified in the above action yet. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member.

According to the lawsuit, throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that: (1) BT Group misstated its earnings due to improper accounting practices and improper sales, purchase, factoring, and leasing transactions in its Italian operations; (2) BT Group lacked effective internal controls; and (3) as a result, Defendants’ statements about BT Group’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

If you wish to serve as lead plaintiff, you must move the Court no later than March 6, 2017. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. You may join the case here: http://pawarlawgroup.com/cases/bt-group-plc/ or email Vik Pawar, Esq. at vik@pawarlawgroup.com.

Contact:

Vik Pawar, Esq.
Pawar Law Group
20 Vesey Street, Suite 1210
New York, NY 10007
Tel: (212) 571-0805
Fax: (212) 571-0938
vik@pawarlawgroup.com

SOURCE: Pawar Law Group

ReleaseID: 454562