Philadelphia, Pennsylvania–(Newsfile Corp. – September 27, 2023) – Kehoe Law Firm, P.C. is investigating whether certain directors and officers of Altice USA, Inc. (“Altice”) NYSE: ATUS breached their fiduciary duties to Altice USA and its shareholders and whether Altice USA and its shareholders have suffered damages as a result.

INVESTORS OF ALTICE STOCK ARE ENCOURAGED TO CLICK HERE TO CONTACT KEHOE LAW FIRM, P.C.

On July 13, 2023, Altice co-founder Armando Pereira was detained in Portugal as part of a criminal investigation into alleged corruption, tax fraud, and money laundering.

On July 15, 2023, Alexandre Fonseca (“Fonseca”), chairman of Altice USA, resigned from the board of directors of Altice USA. On July 17, 2023, Fonseca suspended himself from all responsibilities at Altice USA. Further, Altice’s U.S. head of procurement, Pereira’s son-in-law Yossi Benchetrit, was put on leave, along with approximately ten other employees.

ALTICE SHAREHOLDERS ARE ALSO ENCOURAGED TO CONTACT MICHAEL YARNOFF, ESQ., (215) 792-6676, EXT. 804, MYARNOFF@KEHOELAWFIRM.COM, INFO@KEHOELAWFIRM.COM, TO LEARN MORE ABOUT THE INVESTIGATION AND POTENTIAL LEGAL CLAIMS.

Kehoe Law Firm, P.C. is a multidisciplinary, plaintiff-side law firm dedicated to protecting investors from securities fraud, breaches of fiduciary duties, and corporate misconduct. Combined, the partners at Kehoe Law Firm, P.C. have served as Lead Counsel or Co-Lead Counsel in cases that have recovered more than $10 billion on behalf of institutional and individual investors.

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