Will the MLM Industry Fix Its Earnings Claims Problem?
New research points to “no.”
Lumen Securities
Case Name (Date)
In Re: Lumen Technologies, Inc. Securities Litigation II
23-cv-1290, W.D. La.
(Sept. 2023)
Product/Service
Lumen securities
Allegations
Misleadingly representing that the company’s activities benefit people’s health and social wellbeing, as well as the environment, when its cables are covered in toxic lead, which is harmful to people and the environment
Status
Dismissed When a complaint is dismissed with prejudice, it cannot be refiled.
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