BOULDER, Colo.--(The Shuman Law Firm announces that it is investigating potential claims against certain officers and directors of Cablevision Systems Corporation (“Cablevision” or the “Company”) (NYSE: CVC). Cablevision operates as a telecommunications and media company.)--
The firm’s investigation primarily concerns the Company’s response to and public disclosures concerning competition from Verizon Communications, Inc. in the cable television business in the New York Metropolitan area. These ongoing issues have led to the filing of a class action lawsuit against the Company and its officers and has also coincided with a drop in Cablevision’s stock price since. As recently as June 30, 2011, the Company’s stock traded in excess of $36 per share. As of September 4, 2012, Cablevision’s stock price was trading at less than $15 per share.
If you currently own Cablevision common stock and are interested in discussing your rights as a shareholder, or have information relating to this investigation, please contact Kip B. Shuman or Rusty E. Glenn toll free at (866) 974-8626 or email Mr. Shuman at email@example.com or email Mr. Glenn at firstname.lastname@example.org.
The Shuman Law Firm represents investors throughout the nation, concentrating its practice in securities class actions and shareholder derivative actions.