Shareholders Foundation, Inc.

NYSE: WOW Shareholder Notice: Investigation over Possible Securities Laws Violations by WideOpenWest, Inc.

An investigation for investors in WideOpenWest, Inc. (NYSE: WOW) shares over potential securities laws violations by WideOpenWest, Inc. was announced.

 

San Diego, CA -- (SBWIRE) -- 03/16/2020 -- An investigation was announced over potential securities laws violations by WideOpenWest, Inc. and certain of its directors and officers.

Investors who purchased shares of WideOpenWest, Inc. (NYSE: WOW), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on whether a series of statements by WideOpenWest, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Englewood, CO based WideOpenWest, Inc. provides high speed data, cable television, and digital telephony services to residential and business services customers in the United States.

On March 4, 2020, WideOpenWest announced the Company's financial and operating results for the fourth quarter and full-year ended December 31, 2019. WideOpenWest, Inc. reported that its annual Total Revenue declined from over $1.15 billion in 2018 to $1.14 billion in 2019 and that its Net loss of $90.6 million 2018 turned into a Net Income of $36.4 million in 2019. However, WideOpenWest, Inc also reported non-GAAP earnings per share ("EPS") of $0.14 and GAAP EPS of $0.08 on revenue of $283.5 million, all of which fell short of consensus estimates.

Shares of WideOpenWest, Inc. (NYSE: WOW) declined from $8.12 per share on February 12, 2020 to as low as $2.94 per share on March 12, 2020.

Those who purchased shares of WideOpenWest, Inc. (NYSE: WOW) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.