NEW YORK, June 1, 2017 /PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a boutique securities firm headquartered at the Empire State Building in New York City, announces that a class action lawsuit has been filed in United States District Court for the District of New Jersey against Synchronoss Technologies, Inc (NasdaqGS: SNCR) (" Synchronoss Technologies " or the "Company") on behalf of purchasers of the Company's securities between December 6, 2016 and April 26, 2017, inclusive (the "Class Period").
The lawsuit is based on whether Synchronoss Technologies and its executives violated federal securities law by issuing false and/or misleading statements that Synchronoss would not be able to meet revenue guidance provided to investors; that Synchronoss needed to revise its prior guidance; and that as a result of the above, the Company's statements about its business, operations, and prospects were substantially false and misleading. When this information was revealed to the public, the value of Synchronoss stock dropped, causing losses to its shareholders.
Mr. Monteverde would like to personally discuss with you how to potentially recover your monetary losses, if incurred during the Class Period.
If you wish to serve as lead plaintiff, you must move the Court no later than June 30, 2017. 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.
Click here for more information: http://monteverdelaw.com/securities/. It is free and there is no cost or obligation to you.
Monteverde & Associates PC is a boutique class action securities and consumer litigation law firm committed that has recovered millions of dollars and is committed to protecting shareholders and consumers from corporate wrongdoing. Monteverde & Associates PC lawyers have significant experience litigating Mergers & Acquisitions and Securities Class Actions, whereby they protect investors by recovering money and remedying corporate misconduct.
Juan E. Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave, Suite 4405
New York, NY 10118
United States of America
Tel: (212) 971-1341
Attorney Advertising. (C) 2017 Monteverde & Associates PC. Prior results do not guarantee a similar outcome with respect to any future matter.
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SOURCE Monteverde & Associates PC