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
$50.21
Day's Change
-0.585 (-1.15%)
Bid
--
Ask
--
B/A Size
--
Day's High
50.73
Day's Low
50.15
Volume
(Average)

Today's volume of 8,956,214 shares is on pace to be in-line with VZ's 10-day average volume of 24,901,801 shares.

8,956,214

SHAREHOLDER ACTION REMINDER: The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against HyreCar Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

8:31 am ET October 15, 2021 (Accesswire) Print

LOS ANGELES, CA / ACCESSWIRE / October 15, 2021 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against HyreCar Inc. ("HyreCar" or "the Company") (NASDAQ:HYRE) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Image: https://www.accesswire.com/users/newswire/images/668326/shaw-law-logopngcf.jpg

Investors who purchased the Company's securities between May 14, 2021 and August 10, 2021, inclusive (the ''Class Period''), are encouraged to contact the firm before October 26, 2021.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at brian@schallfirm.com.

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. HyreCar understated its insurance reserves. The Company consistently failed to pay valid insurance claims incurred before May 2021. The Company suffered from considerable expenses transitioning to a new third-party claims administrator. The Company failed to price appropriate risk into its insurance products leading to a higher claims rate. The Company had to completely overhaul its claims underwriting policies and procedures in the face of high claims severity and customer complaints. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about HyreCar, investors suffered damages.

Join the case to recover your losses.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

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

CONTACT:

The Schall Law Firm

Brian Schall, Esq.,

www.schallfirm.com

Office: 310-301-3335

info@schallfirm.com

SOURCE: The Schall Law Firm

View source version on accesswire.com:

https://www.accesswire.com/668326/SHAREHOLDER-ACTION-REMINDER-The-Schall-Law-Firm-Reminds-Investors-of-a-Class-Action-Lawsuit-Against-HyreCar-Inc-and-Encourages-Investors-with-Losses-in-Excess-of-100000-to-Contact-the-Firm

comtex tracking

COMTEX_395260828/2457/2021-10-15T08:31:03

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