Investors of Altice USA Stock Encouraged To Contact Kehoe Law Firm, P.C.
Kehoe Law Firm, P.C. is investigating whether certain directors and officers of Altice USA, Inc. (“Altice”) (NYSE: ATUS) breached their fiduciary duties to Altice USA and its shareholders and whether Altice USA and its shareholders have suffered damages as a result.
INVESTORS OF ALTICE STOCK ARE ENCOURAGED TO CLICK HERE TO CONTACT KEHOE LAW FIRM, P.C.
On July 13, 2023, Altice co-founder Armando Pereira was detained in Portugal as part of a criminal investigation into alleged corruption, tax fraud, and money laundering.
On July 15, 2023, Alexandre Fonseca (“Fonseca”), chairman of Altice USA, resigned from the board of directors of Altice USA. On July 17, 2023, Fonseca suspended himself from all responsibilities at Altice USA. Further, Altice’s U.S. head of procurement, Pereira’s son-in-law Yossi Benchetrit, was put on leave, along with approximately ten other employees.