PITTSBURGH, April 12, 2013 /PRNewswire/ -- Notice is hereby given by the Law Office of Alfred G. Yates Jr., P.C. that it has filed a class action lawsuit in the United States District Court for the District of Connecticut against Tangoe, Inc. ("Tangoe" or the "Company") (Nasdaq: TNGO) on behalf of investors who purchased or otherwise acquired the common stock of the Company during the period from December 20, 2011 through September 5, 2012 (the "Class Period").
If you wish to discuss this action or have any questions concerning this notice or your rights or interests, please contact plaintiff's counsel, Alfred G. Yates Jr., at 1-800-391-5164, toll free, or at [email protected] by e-mail. Please visit http://yatesclassactionlaw.com. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. If you wish to serve as lead plaintiff, you must move the Court no later than April 30, 2013.
The complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding organically growing its customer base. Following news that Tangoe had engaged in a "risky acquisition-driven growth strategy" and questions regarding its reported organic growth, its share value declined.
Plaintiff seeks to recover damages on behalf of all purchasers of Tangoe common stock during the Class Period (the "Class").
The firm is also investigating actions on behalf of shareholders for the following companies: Atlantic Power Corporation (NYSE: AT), Bazaarvoice, Inc. (Nasdaq: BV), Boeing Company (NYSE: BA), Caterpillar Inc. (NYSE: CAT), Diodes, Inc. (Nasdaq: DIOD), Harvest Natural Resources, Inc. (NYSE: HNR), Hess Corporation (NYSE: HES), Impax Laboratories, Inc. (Nasdaq: IPXL), Incyte Corporation (Nasdaq: INCY), ITT Educational Services, Inc. (NYSE: ESI), Maxwell Technologies, Inc. (Nasdaq: MXWL), Star Scientific, Inc. (Nasdaq: STSI), and Toyota Motor Corporation (NYSE: TM).
If you are a shareholder of any of the above companies and wish learn more about any of the investigations or have any questions, please contact Alfred G. Yates Jr., Esquire at 1-800-391-5164, toll free, or at [email protected] by e-mail.
SOURCE Law Office of Alfred G. Yates Jr., P.C.