NEW YORK, Sept. 8, 2008 (LAWFUEL) — 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.
