SHAREHOLDER ALERT: Levi & Korsinsky Notifies Investors With Losses on Their Investment in Tangoe, Inc. of Class Action Lawsuit and the Deadline of April 30, 2013 to Seek a Lead Plaintiff Position
(firmenpresse) - NEW YORK, NY -- (Marketwired) -- 04/04/13 -- Levi & Korsinsky announces that a class action lawsuit has been commenced in the United States District Court for the District of Connecticut on behalf of investors who purchased Tangoe, Inc. ("Tangoe" or the "Company") (NASDAQ: TNGO) stock between December 20, 2011 and September 5, 2012 (the "Class Period").
For more information, click here: .
The complaint alleges that defendants overstated the Company's organic growth by underreporting the percentage of revenue that was derived from recent acquisitions. On August 28, 2012 a report on thestreetsweeper.org suggested that the Company maintained a "risky acquisition-driven growth strategy." Then on September 6, 2012 a report by Copperfield Research concluded that the Company had materially misrepresented its organic growth rate; upon this news the value of Tangoe shares declined significantly.
If you suffered a loss in Tangoe you have until April 30, 2013 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. To obtain additional information, contact Joseph E. Levi, Esq. either via email at or by telephone at (877) 363-5972, or visit
Levi & Korsinsky is a national firm with offices in New York, New Jersey, and Washington D.C. The firm has extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (866) 367-6510
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 04.04.2013 - 16:47 Uhr
Sprache: Deutsch
News-ID 1213629
Anzahl Zeichen: 0
contact information:
Contact person:
Town:
NEW YORK, NY
Phone:
Kategorie:
Legal
Anmerkungen:
Diese Pressemitteilung wurde bisher 185 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"SHAREHOLDER ALERT: Levi & Korsinsky Notifies Investors With Losses on Their Investment in Tangoe, Inc. of Class Action Lawsuit and the Deadline of April 30, 2013 to Seek a Lead Plaintiff Position
"
steht unter der journalistisch-redaktionellen Verantwortung von
Levi & Korsinsky, LLP (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
