LOS ANGELES--(BUSINESS WIRE)--The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Synchronoss Technologies, Inc. (“Synchronoss” or “the Company”) (NASDAQ: SNCR) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Synchronoss announced on September 21, 2020, that CEO Glenn Lurie had resigned “following the Board of Directors’ review of allegations of personal misconduct by Mr. Lurie in violation of the Company’s policies.” Based on this news, shares of Synchronoss dropped by 7.88% on the next day.
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The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
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