Energy News / Shareholders Foundation, Inc.

NASDAQ:SNCR Shareholder Notice: Investigation of Potential Wrongdoing at Synchronoss Technologies, Inc

Via: ReleaseWire

Updated 11:15 AM CDT, Tue, October 17,2017

An investigation on behalf of current long term investors in Synchronoss Technologies, Inc. (NASDAQ:SNCR) shares over possible breaches of fiduciary duty by certain officers and directors was announced.

San Diego, CA -- (SBWIRE) -- 10/17/2017 -- An investigation was announced for investors in NASDAQ:SNCR over possible breaches of fiduciary duties by certain directors and officers of Synchronoss Technologies.

Investors in Synchronoss Technologies, Inc. (NASDAQ:SNCR) shares should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The investigation by a law firm for investors in NASDAQ:SNCR stocks follows a lawsuit filed recently against Synchronoss Technologies, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ:SNCR stocks, concerns whether certain Synchronoss Technologies, Inc officers and directors are liable in connection with the allegations made in that lawsuit. According to that complaint filed in the U.S. District Court for the District of New Jersey the plaintiff alleges that the defendants made false and/or misleading statements and/or failed to disclose that Synchronoss Technologies, Inc. would not be able to meet revenue guidance provided to investors, that as such, Synchronoss Technologies, Inc. would need to revise its prior guidance, and that as a result, defendants' statements about Synchronoss Technologies, Inc's business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Those who purchased shares of Synchronoss Technologies, Inc. (NASDAQ:SNCR) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

For more information on this press release visit:
http://www.sbwire.com/press-releases/nasdaqsncr-shareholder-notice-investigation-of-potential-wrongdoing-at-synchronoss-technologies-inc-878576.htm

Media Relations Contact
Michael Daniels
858-779-1554
Email: Click to Email Michael Daniels
Web: http://www.ShareholdersFoundation.com