Windstream Holdings, Inc. Files for Bankruptcy | Goodman & Nekvasil, P.A. May Recover Investor Losses

Windstream Holdings, Inc. Files for Bankruptcy | Goodman & Nekvasil, P.A. May Recover Investor Losses 

Goodman & Nekvasil, P.A., a Clearwater, Florida, law firm with a national practice representing victimized investors, continues to investigate brokerage firms that placed elderly retirees and other conservative investors in high-risk investments, including Windstream Holdings, Inc.

Goodman & Nekvasil, P.A. has learned that rural telecommunications company Windstream Holdings Inc. announced that it filed for Chapter 11 bankruptcy after being hit with a $310 million judgment in a legal loss to a capital management firm. The Rochester Chronicle reports that the Arkansas-based company, which employs about 700 in Rochester and just over 1,000 in New York, recently lost a lawsuit concerning bond agreements with Aurelius Capital Management LP. According to The Chronicle, Aurelius, a Windstream bond holder, accused the company of violating its bond covenant when it spun off its copper wire and fiber cable business into a new company, Uniti Group, in 2015.

Goodman & Nekvasil, P.A., has filed hundreds of cases against brokerage firms selling high-risk investments such as Windstream Holdings, Inc. and has recovered well over $180 million dollars on behalf of victimized investors.  We allege in these cases that these investment recommendations were unsuitable for our clients in view of their financial situation, needs and investment objectives.  All our cases are handled on a purely contingency fee basis.

You may have the right to recover your losses from the brokerage firm that sold Windstream Holdings, Inc. and other high-risk investments to you. We strongly recommend that you act quickly, however, because statutes of limitation can be short in securities cases.

There is no charge for an evaluation of your case. Further, we handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee. Unless you recover any money, you pay us nothing, not even the costs and expenses which the firm will advance on your behalf. Finally, the filing of such a case should not affect your rights as a creditor in the Windstream Holdings, Inc. bankruptcy or your ownership of these investments in any way.

If you incurred losses on your investment in Windstream Holdings, Inc. and/or other high-risk investments and would like your case evaluated by a securities attorney (again, there is no charge for an evaluation and all cases are handled on a purely contingency fee basis), please contact us.

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