LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces an investigation on behalf of Synchronoss Technologies, Inc. (“Synchronoss” or the “Company”) (NASDAQ: SNCR) concerning the Company and its officers’ possible violations 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 Lesley Portnoy, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to firstname.lastname@example.org, or visit our website at http://www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.
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