LUMN ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of May 2, 2023 in the Class Action Filed on Behalf of Lumen Technologies, Inc. Shareholders

NEW YORK, April 11, 2023

This lawsuit is on behalf of all persons or entities who purchased or otherwise acquired Lumen common stock between September 14, 2020, and February 7, 2023, inclusive.
Lead Plaintiff Deadline: May 2, 2023
No obligation or cost to you.

Learn more about your recoverable losses in LUMN:
https://www.kleinstocklaw.com/pslra-1/lumen-technologies-inc-loss-submission-form?id=38178&from=4

Lumen Technologies, Inc. NEWS - LUMN NEWS

CLASS ACTION CASE DETAILS: The filed complaint alleges that Lumen Technologies, Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) various headwinds were impeding the Company's ability to invest in and grow its Quantum Fiber brand; (ii) Lumen's Quantum Fiber business was not progressing as was represented to the investing public; (iii) Lumen's management was reassessing its strategic priorities and had placed a hold on the plans to quickly scale up the Quantum Fiber brand; and (iv) as a result of Lumen's decision to delay expansion of Quantum Fiber, the Company's results and metrics were negatively impacted and the scaling up of Quantum Fiber would not occur until, at the earliest, the end of 2023.

WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in Lumen you have until May 2, 2023 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

NO COST TO YOU: If you purchased Lumen securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.