BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of investors of Synchronoss Technologies, Inc. (“Synchronoss” or the “Company”) (NASDAQ: SNCR) investors concerning the Company and its officers’ potential violation of federal securities laws.
On April 27, 2017, Synchronoss disclosed that its CEO Ronald Hovsepian and CFO John Frederick resigned their positions effective immediately. The Company also announced poor operating results and provided guidance that fell below prior estimates.
On this news, shares of Synchronoss fell nearly 50% during intraday trading on April 27, 2017.
If you purchased Synchronoss securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to firstname.lastname@example.org, or visit our website at www.howardsmithlaw.com.
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