Market Overview

INVESTOR REMINDER: Kessler Topaz Meltzer & Check, LLP Announces Deadline in Securities Fraud Class Action Lawsuit Filed Against Dycom Industries, Inc.


The law firm of Kessler Topaz Meltzer & Check, LLP reminds Dycom
Industries, Inc. (NYSE:DY) ("Dycom") investors that a securities fraud
class action lawsuit has been filed on behalf of purchasers of Dycom
common stock between November 20, 2017 and August 10, 2018,
inclusive (the "Class Period").

REMINDER: Investors who purchased Dycom securities during the
Class Period may, no later than December 24, 2018,
seek to be appointed as a lead plaintiff representative of the class.
For additional information or to learn how to participate in this action
please visit

According to the complaint, Dycom provides specialty contracting
services through subsidiaries throughout the United States and Canada.
Dycom's services include program management, engineering, construction,
maintenance, and installation services for telecommunications providers,
underground facility locating services for various utilities, and other
construction and maintenance services for electric and gas utilities.

The Class Period begins on November 20, 2017, when Dycom issued a press
release announcing its financial and operating results for the first
fiscal quarter ended October 28, 2017.

According to the complaint, on May 22, 2018, during a conference call
regarding Dycom's financial and operating results for the first fiscal
quarter ended April 28, 2018, Dycom's Chairman, President & CEO Steven
E. Nielsen disclosed that Dycom did not have enough work in hand to
absorb the costs it had already incurred associated with its new large
projects, mainly because Dycom was facing great uncertainties related to
permitting issues. Following this news, the price of Dycom's common
stock declined $23.56, or approximately 20.27%, to close on May 22, 2018
at $92.64 per share.

Prior to the market opening on August 13, 2018, Dycom issued a press
release revising its guidance for the financial and operating results
for the second fiscal quarter and six months ended July 28, 2018, and
announcing preliminary revenues and results for the second quarter below
the previous guidance. Following this news, the price of Dycom common
stock dropped $21.62 per share, or 24.10%, to close at $68.09 per share
on August 13, 2018.

The complaint alleges that throughout the Class Period, defendants made
false and/or misleading statements and/or failed to disclose that: (i)
Dycom's new large projects were highly dependent on permitting and
tactical considerations; (ii) Dycom was facing great uncertainties
related to permitting issues; (iii) those uncertainties would expose
Dycom to near-term margin pressure and absorption issues; and (iv) as a
result of the foregoing, defendants' statements about Dycom's business,
operations, and prospects, were false and misleading and/or lacked a
reasonable basis.

Investors who wish to discuss this securities fraud class action and
their legal options are encouraged to contact Kessler Topaz Meltzer &
Check, LLP (James Maro, Jr., Esq. or Adrienne Bell, Esq.) at (888)
299-7706 or at

Dycom investors may, no later
than December 24, 2018
, seek to be appointed as a lead
plaintiff representative of the class through Kessler Topaz Meltzer &
Check, or other counsel, or may choose to do nothing and remain an
absent class member.  A lead plaintiff is a representative party who
acts on behalf of all class members in directing the litigation.  In
order to be appointed as a lead plaintiff, the Court must determine that
the class member's claim is typical of the claims of other class
members, and that the class member will adequately represent the class. 
Your ability to share in any recovery is not affected by the decision of
whether or not to serve as a lead plaintiff. 

Kessler Topaz Meltzer & Check prosecutes class actions in state and
federal courts throughout the country involving securities fraud,
breaches of fiduciary duties and other violations of state and federal
law. Kessler Topaz Meltzer & Check is a driving force behind corporate
governance reform, and has recovered billions of dollars on behalf of
institutional and individual investors from the United States and around
the world.  The firm represents investors, consumers and whistleblowers
(private citizens who report fraudulent practices against the government
and share in the recovery of government dollars).  The complaint in this
action was not filed by Kessler Topaz Meltzer & Check. For more
information about Kessler Topaz Meltzer & Check, please visit

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