The lawsuit had alleged that defendants failed to disclose certain risks related to Windstream Holdings, Inc.’s lawsuit with Aurelius Capital Management and Windstream’s subsequent bankruptcy. The court rejected all such claims noting that Uniti’s public disclosures of these matters were sufficient and that SLF failed to show that defendants “conspired to hide risks and purposefully mislead investors.”
ABOUT UNITI
Uniti, an internally managed real estate investment trust, is engaged in the acquisition and construction of mission critical communications infrastructure, and is a leading provider of wireless infrastructure solutions for the communications industry. As of June 30, 2020, Uniti owns 6.5 million fiber strand miles and other communications real estate throughout the United States. Additional information about Uniti can be found on its website at www.uniti.com.
INVESTOR AND MEDIA CONTACTS:
Mark A. Wallace, 501-850-0866
Executive Vice President, Chief Financial Officer & Treasurer
mark.wallace@uniti.com
Bill DiTullio, 501-850-0872
Vice President, Finance and Investor Relations
bill.ditullio@uniti.com
