ATLANTA, GA – – (Newsfile Corp. – February 7, 2023) – – Holzer & Holzer, LLC informs investors that a class action lawsuit has been filed against PLDT Inc. (“PLDT” or the “Company”) (NYSE: PHI).  The lawsuit alleges PLDT made materially false and/or misleading statements and/or failed to disclose material adverse facts, including: (1) there were capital spending budget overruns; (2) Defendants failed to address weaknesses that allowed such budget overruns; and (3) as a result, Defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

If you bought shares of PLDT between January 1, 2019 and December 19, 2022 and you suffered a significant loss on that investment, you are encouraged to discuss your legal rights by contacting Corey Holzer, Esq. at cholzer@holzerlaw.com or Joshua Karr, Esq. at jkarr@holzerlaw.com, by toll-free telephone at (888) 508-6832 or you may visit the firm’s website at https://holzerlaw.com/case/pldt/  to learn more.

The deadline to ask the court to be appointed lead plaintiff in the case is April 7, 2023.