Verizon Communications Inc
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Communication Services : Diversified Telecommunication Services | Large Cap Value
Company profile

Verizon Communications Inc. is a holding company. The Company, through its subsidiaries, provides communications, information and entertainment products and services to consumers, businesses and governmental agencies. Its reportable segments are Verizon Consumer Group and Verizon Business Group. Its Consumer segment provides wireless and wireline communications services. Its wireless services are provided across wireless networks in the United States (U.S.) under the Verizon brand. Its wireline services are provided in nine states in the Mid-Atlantic and Northeastern U.S., as well as Washington D.C., over its fiber-optic network under the Fios brand and over a traditional copper-based network. Its Business segment provides wireless and wireline communications services and products, including data, video and conferencing services, security and managed network services, local and long-distance voice services and network access to deliver various Internet of Things services and products.

Price
Delayed
$50.19
Day's Change
-0.605 (-1.19%)
Bid
--
Ask
--
B/A Size
--
Day's High
50.73
Day's Low
50.15
Volume
(Average)

Today's volume of 8,901,419 shares is on pace to be in-line with VZ's 10-day average volume of 24,901,801 shares.

8,901,419

HYRE Investors Have Opportunity to Lead HyreCar Inc. Securities Fraud Lawsuit

1:00 pm ET October 15, 2021 (PR Newswire) Print

Glancy Prongay & Murray LLP ("GPM") announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against HyreCar Inc. (NASDAQ: HYRE)

https://mma.prnewswire.com/media/1219482/Glancy_Prongay_and_Murray_LLP.jpg

Class Period: May 14, 2021 and August 10, 2021Lead Plaintiff Deadline: October 26, 2021

If you wish to serve as lead plaintiff of the HyreCar lawsuit, you can submit your contact information at https://www.glancylaw.com/cases/hyrecar-inc/. You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at shareholders@glancylaw.com to learn more about your rights.

The complaint filed in this class action alleges that throughout the Class Period, Defendants failed to disclose to investors that: (1) HyreCar had materially understated its insurance reserves; (2) HyreCar had systematically failed to pay valid insurance claims incurred prior to the Class Period; (3) HyreCar had incurred significant expenses transitioning to its new third-party insurance claims administrator and processing claims incurred from prior periods; (4) HyreCar had failed to appropriately price risk in its insurance products and was experiencing elevated claims incidence as a result; (5) HyreCar had been forced to dramatically reform its claims underwriting, policies, and procedures in response to unacceptably high claims severity and customer complaints; and (6) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

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To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact Charles Linehan, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to shareholders@glancylaw.com, or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

https://c212.net/c/img/favicon.png?sn=LA40612&sd=2021-10-15

View original content to download multimedia:https://www.prnewswire.com/news-releases/hyre-investors-have-opportunity-to-lead-hyrecar-inc-securities-fraud-lawsuit-301400840.html

SOURCE Glancy Prongay & Murray LLP

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COMTEX_395272577/1005/2021-10-15T13:00:10

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