NEW YORK, Sept. 8, 2008 (GLOBE NEWSWIRE) -- Attorney Advertising. The Rosen Law Firm announces that it is investigating potential civil securities fraud claims against Synchronoss Technologies Inc. ("Synchronoss" or the "Company") (Nasdaq:SNCR) concerning allegations that Synchronoss issued materially false and misleading statements about its contract to provide in-store activation of I-Phones during the time period February 4, 2008 through June 9, 2008.
On June 10, 2008, the Company announced that Synchronoss will not participate in the on-site, retail store activations associated with the 3G iPhone and acknowledged that it had been aware of this material development since at least May 2008 when the Company had issued revised financial guidance.
As a result of this adverse disclosure, the Rosen Law Firm is preparing a class action lawsuit against Synchronoss for violation of the anti-fraud provisions of the federal securities laws.
To join the proposed Synchronoss class action, go to the website at http://www.rosenlegal.com or call Laurence Rosen, Esq. or Phillip Kim, Esq. toll-free at 866-767-3653 or email lrosen@rosenlegal.com or pkim@rosenlegal.com for information on the class action.
If you purchased Synchronoss common stock or options during the time period February 4, 2008 through and including June 9, 2008, and would like further information concerning your legal rights, please contact Laurence Rosen, Esq. or Phillip Kim, Esq. of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at lrosen@rosenlegal.com or pkim@rosenlegal.com.
You may access the website at http://www.rosenlegal.com to contact the Rosen Law Firm for additional information.
Attorney advertising. Prior results do not guarantee a similar outcome.