cloudy.png
Saturday September 26th, 2020 3:04PM

SHAREHOLDER ALERT: Synchronoss Investors Encouraged to Contact Holzer & Holzer

By The Associated Press

ATLANTA--(BUSINESS WIRE)--Jun 23, 2017--A class action lawsuit has been filed on behalf of investors who purchased Synchronoss   Technologies, Inc. (“Synchronoss” or the “Company”) (NASDAQ: SNCR) securities between December 6, 2016 and April 26, 2017.

The lawsuit alleges, among other things, that Company misrepresented its ability to meet revenue guidance during that time. On April 27, 2017, Synchronoss announced that its Chief Executive Officer and its Chief Financial Officer were resigning their positions with the Company. At the same time, Synchronoss lowered its 2017 guidance. The price of Synchronoss stock fell significantly on the news.

Then, on June 23, 2017, Synchronoss announced it had received a takeover offer from a private equity firm that already held nearly 13 percent of the Company’s stock.

If you purchased Synchronoss securities between December 6, 2016 and April 26, 2017 – or if you currently hold SNCR shares – you are encouraged to visit the firm’s website at www.holzerlaw.com to receive additional information about your legal rights. You can also directly contact Corey D. Holzer, Esq. at cholzer@holzerlaw.com or Marshall P. Dees, Esq. at mdees@holzerlaw.com, or call the firm by toll-free telephone at (888) 508-6832.

The deadline to ask the court to be appointed lead plaintiff is June 30, 2017.

Holzer & Holzer, LLC is an Atlanta, Georgia law firm that dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey D. Holzer is the attorney responsible for its content.

View source version on businesswire.com:http://www.businesswire.com/news/home/20170623005477/en/

CONTACT: Holzer & Holzer, LLC

Corey D. Holzer, Esq., 888-508-6832 (toll-free)

cholzer@holzerlaw.com

KEYWORD: UNITED STATES NORTH AMERICA GEORGIA

INDUSTRY KEYWORD: PROFESSIONAL SERVICES LEGAL

SOURCE: Holzer & Holzer, LLC

Copyright Business Wire 2017.

PUB: 06/23/2017 12:34 PM/DISC: 06/23/2017 12:34 PM

http://www.businesswire.com/news/home/20170623005477/en

  • Associated Categories: Associated Press (AP), AP Online - Georgia News, AP Business Wire - Georgia
© Copyright 2020 AccessWDUN.com
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.
The Latest: London police ponder manslaughter in tower fire
London police say manslaughter charges are among the offenses under consideration in the devastating Grenfell Tower blaze that killed 79 people
12:29PM ( 8 minutes ago )
The Latest: Trump says he's told 'a straight story' on Comey
President Donald Trump says his version of a White House meeting with then-FBI Director James Comey "was always the truth" and he's been giving "a straight story all along."
12:18PM ( 19 minutes ago )
Sears closes another 20 stores
Sears Holdings Corp. is closing another 20 stores _ 18 Sears stores and two Kmart stores _ as the ailing retailer tries to turn around its business
12:18PM ( 19 minutes ago )
Associated Press (AP)
Collapsed interstate bridge in Georgia reopens to traffic
A key section of interstate highway through Atlanta has partially reopened, six weeks after a highway bridge collapsed because of a large fire.
7:41PM ( 1 month ago )
Cagle promises 500,000 new jobs in Georgia governor campaign
Casey Cagle will launch his campaign for governor on Sunday with a pledge to add half a million new jobs in Georgia in four years if voters choose him to replace term-limited Gov. Nathan Deal.
12:11PM ( 1 month ago )
Senate confirms Sonny Perdue as agriculture secretary
The Senate on Monday confirmed former Georgia Gov. Sonny Perdue to be agriculture secretary in President Donald Trump's administration as the farming industry looks to Washington for help amid a downturn in the market.
8:55PM ( 1 month ago )
AP Online - Georgia News
AP Business Wire - Georgia
The Latest: London police ponder manslaughter in tower fire
London police say manslaughter charges are among the offenses under consideration in the devastating Grenfell Tower blaze that killed 79 people
12:29PM ( 8 minutes ago )
The Latest: Trump says he's told 'a straight story' on Comey
President Donald Trump says his version of a White House meeting with then-FBI Director James Comey "was always the truth" and he's been giving "a straight story all along."
12:18PM ( 19 minutes ago )
Sears closes another 20 stores
Sears Holdings Corp. is closing another 20 stores _ 18 Sears stores and two Kmart stores _ as the ailing retailer tries to turn around its business
12:18PM ( 19 minutes ago )
Pence visits Focus on Family amid change for religious right
Vice President Pence's planned visit to Focus on the Family comes at a time of change for the religious right
12:14PM ( 23 minutes ago )
Prosecutors seek to uphold 'Making a Murderer' confession
Prosecutors say they'll seek to reverse an appeals court decision that the confession of a Wisconsin inmate featured in the Netflix series 'Making a Murderer' was improperly obtained
12:11PM ( 27 minutes ago )