SAN DIEGO, CA / ACCESSWIRE / December 12, 2017 / The Shareholders Foundation, Inc. announces that a lawsuit is pending for certain purchasers of NASDAQ: SNCR shares against Synchronoss Technologies, Inc. over alleged violations of Securities Laws.

Investors who purchased shares of Synchronoss Technologies, Inc. (NASDAQ: SNCR) in 2014 or earlier and continue to hold any of those NASDAQ: SNCR shares should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

On May 1, 2017, a lawsuit was filed against Synchronoss Technologies, Inc. over alleged securities laws violations. The plaintiff alleged that the defendants made false and/or misleading statements and/or failed to disclose that Synchronoss Technologies, Inc. would not be able to meet revenue guidance provided to investors, that as such, Synchronoss Technologies, Inc. would need to revise its prior guidance, and that as a result, defendants' statements about Synchronoss Technologies, Inc's business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. On November 21, 2017, an amended complaint was filed.

Those who purchased Synchronoss Technologies, Inc. (NASDAQ: SNCR) shares should contact the Shareholders Foundation, Inc.

The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. The Shareholders Foundation, Inc. is not a law firm. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

CONTACT:

Shareholders Foundation, Inc.
Michael Daniels
+1 (858) 779-1554
mail@shareholdersfoundation.com
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108

SOURCE: Shareholders Foundation, Inc.