Class Action Lawsuit Against Sonus Networks on Behalf of Sonus Networks Investors
Sonus Networks Lawsuit Details
Gilman Law LLP has announced that a federal securities class action lawsuit was filed on behalf of purchasers of Sonus Networks, Inc. (NASDAQ: SONS) common stock. The complaint alleges violations of federal securities laws, including alleging the issuance of materially false and misleading representations to the market which had the effect of artificially inflating the market price of the Company stock beginning October 23, 2014 through March 24, 2015.
The lawsuit alleges that Sonus made false and/or misleading statements and/or failed to disclose that: (1) the Company would be unable to close certain orders in the first quarter of 2015; and (2) the Company was experiencing longer decision cycles from its customers.
Sonus Networks Lawsuit
Legal Help for Sonus Networks Investors
If you purchased or otherwise acquired shares of Sonus Networks, you may have legal claims under federal securities laws. You may contact Gilman Law LLP to discuss your rights to recovery of your losses or to obtain additional information.
About Our Investment Fraud Attorneys
The Securities Fraud Attorneys at Gilman Law have over 35 years of experience in securities litigation. Our Investment Fraud Attorneys focus on cases involving securities litigation, securities fraud, mergers and acquisitions, breach of fiduciary duty and other shareholder disputes.
For a free evaluation of your case or to obtain additional information, please complete the Investor Certification or CALL TOLL FREE (888) 252-0048.