An investigation for investors in Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) was announced concerning possible securities law violations by certain officers of Clear Channel Outdoor Holdings Inc in connection with the placement of certain senior notes.
Investors who purchased shares of Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) and currently hold any of those NYSE:CCO shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.
The investigation by a law firm concerns the recent proposed private placement of senior notes by Clear Channel Outdoor Holdings, Inc.
Clear Channel Outdoor Holdings, Inc. reported that its annual Total Revenue increased from over $2.94 billion in 2013 to over $2.96 billion in 2014 and that its respective Net Loss declined from $48.46 million in 2013 to $9.59 million in 2014. Shares of Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) declined from $11.56 per share in May 2015 to as low as $4.65 per share on December 9, 2015.
On January 6, 2016, NYSE:CCO shares closed at $5.89 per share.
Those who purchased shares of Clear Channel Outdoor Holdings, Inc. (NYSE:CCO), have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North – Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
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