MasTec, Inc. (MTZ)
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of MasTec, Inc. (“MasTec” or “the Company”) (NYSE: MTZ). Investors who purchased MasTec securities are encouraged to obtain additional information and assist the investigation.
The investigation concerns whether MasTec has violated federal securities laws.
Investigation Details:
On August 3, 2023, MasTec announced that it had missed its financial performance estimates for the second quarter of 2023. The Company also revised downwards its 2023 guidance, blaming slowdowns in its communications margins for the revision. On this news, MasTec’s stock price fell $24.82 per share, or 20.52%, over the following two trading sessions, to close at $96.14 per share on August 7, 2023.
What’s Next?
If you are aware of any facts relating to this investigation or purchased MasTec securities, you can assist this investigation. You can also contact Peretz Bronstein or his law clerk and client relations manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660.
There is No Cost to You
We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful.
Why Bronstein, Gewirtz & Grossman:
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.
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Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Nathanson
212-697-6484 | [email protected]