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Class Action News

Levi & Korsinsky Commences Class Action on Behalf of Dycom Industries Shareholders; DY Lawsuit

Levi & Korsinsky

November 2, 2018

NEW YORK, November 2, 2018 – Levi & Korsinsky has commenced the class action Tung v. Dycom Industries, Inc. (Case No. 9:18-cv-81448-RLR) in the USDC for the Southern District of Florida on behalf of investors who purchased or otherwise acquired common stock of Dycom Industries, Inc. (NYSE: DY) between November 20, 2017 and August 10, 2018. . To get more information about the DY class action go tohttps://www.zlk.com/pslra-1/dycom-industries-inc-loss-form or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The Dycom class action alleges that throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) Dycom’s large projects were highly dependent on permitting and tactical considerations, (ii) Dycom was facing great uncertainties related to permitting issues; (iii) said uncertainties would expose Dycom to near-term margin pressure and absorption issues, and (iv) as a result of the foregoing, Defendants’ statements about Dycom’s business, operations, and prospects, were false and misleading and/or lacked a reasonable basis.

If you suffered a loss in Dycom you have until December 24, 2018 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

Tel: (212) 363-7500

Toll Free:  (877) 363-5972

Fax: (212) 363-7171

www.zlk.com