"The suit – which was filed by investor law firms Pomerantz and Labaton Sucharow in the U.S. District Court for the Southern District of New York – accuses AT&T of lying to investors about the success of its virtual MVPD."..https://www.fiercevideo.com/video/at-t-sued-for-allegedly-inflating-directv-now-numbers-fake-accounts?mkt_tok=eyJpIjoiWmpBM1lUZ3dZemxsWmpReCIsInQiOiJSSDdzYjN5dE1xRlRJM2xyY1prYnNJbFFFdUNWeG1hMlpKak1JczhlMThRYUlYVUozcm93REJuTW84K3dCXC9YWWZKcVpYQjZwWE1pWVIwRU5NY3hUR0pnSVNxdjRJRmY4XC9PVXMzdnRTMDUzY2xxSTRmelg5SjE0TzFyd3NOU2FiIn0%3D&mrkid=744685
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i could list a laundry list of things aside from dtv that we have been instructed to pad numbers...lmao
This falsification of customer numbers has misled investors. There should have been a SOX control attesting to accuracy of subscriber adds and reporting which if signed constitutes fraud and there would be severe penalties. CEOs sign off on the entire SOX package certifying financials including statistics reported are correct.
Well I guess we now know the “real” reason behind JD’s departure.
Come up for air troll, this is definitely NOT fake news. This is your heroes getting caught with their fat hands in the cookie jar. They can't compete through excellence, they have to cheat and break the law!
And so the spiral begins.
FRAUD- Illegal and punishable. This has been all over the news today. It is NOT fake news.
Fake news.....