NYSE: PHI

PLDT Inc.

Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of behalf of shareholders of PLDT Inc. (NYSE: PHI) between January 1, 2019 through December 19, 2022, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 7, 2023.

If you purchased PLDT securities and would like to join the prospective action, please click “Join This Class Action.”

Class Period:January 1, 2019 through December 19, 2022

If you purchased PLDT securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

Details of the case:

According to the lawsuit, throughout the Class Period, defendants made materially false and/or misleading statements regarding the Company’s:

there were capital spending budget overruns;
defendants failed to address weaknesses that allowed such budget overruns; and
as a result, defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Attorney Advertising. Prior results do not guarantee a similar outcome.