NEW YORK, January 28, 2023 /PRNewswire/ — Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against PLDT Inc. (“PLDT” or the “Company”) (NYSE: PHI).
If you have incurred losses exceeding $50,000 invest in stocks or PLDT options and want to discuss your legal rights, call partner Faruqi & Faruqi Josh Wilson directly at 877-247-4292 or 212-983-9330 (ext. 1310). You can also click here for more information: www.faruqilaw.com/PHI.
There is no cost or obligation for you.
Faruqi & Faruqi is a leading national minority and women-owned securities law firm, with offices in New York, Pennsylvania, California and Georgia.
At December 19, 2022reported Bloomberg, “The Philippines’ The Securities and Exchange Commission has opened an investigation into the 48 billion pesos ($866 million) capital expenditure budget overrun at PLDT Inc. that sparked a record drop in the stock amid questions about its corporate governance and tax oversight.”
Following this news, the December 19, 2022PLDT shares fell more than 20%.
Then on December 20, 2022it was reported that the Securities and Exchange Commission (SEC) had ordered an investigation into possible insider trading related to PLDT Inc.’s disclosure of a 48 billion peso “over budget” spanning several years.
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