NEW YORK, March 3, 2020 /PRNewswire/ -- WeissLaw LLP, a
national class action and shareholders' rights law firm with
offices in New York, California and Georgia, announces an investigation of Crown
Castle International Corp. (NYSE: CCI) ("Crown Castle" or the
"Company")
If you own CCI shares and wish to discuss this
investigation or have any questions concerning this notice or your
rights or interests, visit our website:
http://www.weisslawllp.com/crown-castle-international-corp/
Or please contact:
Joshua Rubin,
Esq.
WeissLaw LLP
1500 Broadway, 16th Floor
New York, NY 10036
(212) 682-3025
(888) 593-4771
stockinfo@weisslawllp.com
The investigation focuses on possible breaches of fiduciary duty
and other violations of law by Crown Castle's Board of
Directors. Notably, after its receipt of an SEC subpoena, the
Company recently admitted that its long-standing capitalization and
expense policies for tenant upgrades and installations in its
services business were not compliant with generally accepted
accounting principles. As a result, financial statements for
2017, 2018, and for the first three quarters of 2019 would need to
be restated. On that news, Crown Castle's stock price
nosedived from its February 26
opening price of $163.74 to trade for
as low as $147.00.
WeissLaw LLP has litigated hundreds of stockholder class and
derivative actions for violations of corporate and fiduciary
duties. We have recovered over a billion dollars for
defrauded clients and obtained important corporate governance
relief in many of these cases. If you have information or
would like legal advice concerning possible corporate wrongdoing
(including insider trading, waste of corporate assets, accounting
fraud, or materially misleading information), consumer fraud
(including false advertising, defective products, or other
deceptive business practices), or anti-trust violations, please
email us at stockinfo@weisslawllp.com
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SOURCE WeissLaw LLP