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Law Offices of Howard G. Smith Announces Update to the Shareholder Lawsuit Against Synchronoss Technologies, Inc.

By: PR Newswire
Oct. 13, 2008 03:00 PM

BENSALEM, Pa., Oct. 13 /PRNewswire/ -- Law Offices of Howard G. Smith announces a November 7, 2008, deadline to move to be a Lead Plaintiff in the securities class action lawsuit filed on behalf of all purchasers of the securities of Synchronoss Technologies, Inc. ("Synchronoss")(Nasdaq: SNCR) between February 4, 2008 and June 9, 2008, inclusive (the "Class Period"). The shareholder lawsuit is pending in the United States District Court for the District of New Jersey.

The Complaint alleges that the defendants violated federal securities laws by issuing material misrepresentations to the market concerning Synchronoss' business and prospects, thereby artificially inflating the price of Synchronoss securities.

No class has yet been certified in the above action. Until a class is certified, you are not represented by counsel unless you retain one. If you purchased Synchronoss securities between February 4, 2008 and June 9, 2008, you have certain rights, and have until November 7, 2008, to move for Lead Plaintiff status. To be a member of the class you need not take any action at this time, and you may retain counsel of your choice. If you wish to discuss this action or have any questions concerning this Notice or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020, by telephone at (215)638-4847, Toll-Free at (888)638-4847, by email to howardsmithlaw@hotmail.com or visit our website at www.howardsmithlaw.com.

SOURCE Law Offices of Howard G. Smith

Published Oct. 13, 2008
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