VODJ Vodafone Group PLC (ADR)

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders It Filed a Complaint to Recover Losses Suffered by Vodafone Group Public Limited Company Investors and Set a Lead Plaintiff Deadline of March 20, 2018

The following statement is being issued by Levi & Korsinsky, LLP:

To: All persons or entities who purchased or otherwise acquired ADRs of Vodafone Group Public Limited Company (NASDAQGS:VOD) between February 11, 2015 and January 11, 2018. You are hereby notified that Levi & Korsinsky has commenced the class action Ferrare v. Vodafone Group Public Limited Company, et al. (Case No. 1:18-cv-00466) in the USDC for the Southern District of New York. Click here to view the complaint. To get more information go to:

http://www.zlk.com/pslra-cm/vodafone-group?wire=2

or contact Joseph E. Levi, Esq. either via email at [email protected] or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The complaint alleges that throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that Vodafone had contravened Australian law by permitting customers to purchase pre-paid mobile phones without first verifying their identities.

On January 10, 2018, the Australian Communications and Media Authority (“ACMA”) issued a press release disclosing that, following an investigation into Vodafone Australia, it determined that the Company had “failed to verify the identity of at least 1,028 customers before activating their prepaid mobile services.” Upon this news, Vodafone ADRs declined from a closing price of $32.60 on January 9, 2018, to a closing price of $31.44 on January 11, 2018.

If you suffered a loss in Vodafone you have until March 20, 2018 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

EN
30/01/2018

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Vodafone Group PLC (ADR)

Chris Hoare
  • Chris Hoare

GEM Telcos: Consolidation – THE theme driving improved trends for EM T...

Earlier this month we published on how Global EM Telco Capex is falling rapidly, in large part driven by consolidation. On average EM Telco markets have fallen from a peak of 7 players to under 3. We expect many to end up with 2, or even a single network. How much further far might this cut capex?

Chris Hoare
  • Chris Hoare

Vodacom (Buy, TP: ZAR180, +38%) Q4 25 – Decent Q4, MT guidance upgrade...

Vodacom has reported a decent set of Q4 numbers with a nice acceleration in service revenue but a small slowdown in EBITDA trends.

Chris Hoare
  • Chris Hoare

Global EM Telcos & Towers – On Fire - NSR GEM Top-10 April 25 Update. ...

Our picks were on fire in March, with our top EM Telcos now up 27% YTD on average. This note also includes key news & other thoughts catalysts, help investors generate alpha within the EM Telco space.

Chris Hoare
  • Chris Hoare

African & EMEA Telcos & Towers Outlook 2025; Catching back what was l...

The last 2 years have been tough for African Telcos, with strong macro headwinds driving currency weakness and cost pressures. However, we exited 2024 with some signs that trends are inflecting. AAF remains our top pick in Africa as it offers Bharti-style execution at a fraction of the multiple, and VEON our top pick overall.

Chris Hoare
  • Chris Hoare

Global EM Telcos & Towers Themes and Top picks for 2025

We remain constructive on EM Telcos despite the major stocks generally performing well through 2023 and 2024. As the long telco cycle inflects, and the industry consolidates, conditions still seem ripe for GDP+ revenue growth and rising ROIC we think. In this note, we run through the themes we think investors should follow in 2025. In a separate note, also published today we introduce the NSR EM Telco – Top 8, our top EM picks in the Telco and Towers space.

ResearchPool Subscriptions

Get the most out of your insights

Get in touch