IRVINE, Calif.--(BUSINESS WIRE)--Khang & Khang LLP (the “Firm”) announces that it is investigating claims against Synchronoss Technologies, Inc. (“Synchronoss” or the “Company”) (Nasdaq: SNCR) concerning possible violations of federal securities laws.
If you purchased shares of Synchronoss and want more information, please contact Joon M. Khang, Esquire, of Khang & Khang LLP, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949) 419-3834, or by e-mail at firstname.lastname@example.org.
The investigation focuses on whether Synchronoss and certain of its officers and/or directors violated federal securities laws. On April 27, 2017, the Company announced during premarket hours that Chief Executive Officer Ronald Hovsepian and Chief Financial Officer John Frederick are both leaving Synchronoss “to pursue other interests.” The Company also disclosed that it “expects total revenue for the first quarter of 2017 to be $13 million to $14 million less than the company’s previously announced guidance” and “[o]perating margins are expected to be 8% to 10%, which are less than previously announced guidance.” When this news was announced, shares of Synchronoss fell in value sharply.
If you have any questions concerning this notice or your rights, please contact Joon M. Khang, a prominent litigator for almost two decades, by telephone: (949) 419-3834, or by e-mail at email@example.com.
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