Business

Fusion Connect, Inc. (NASDAQ: FSNN) Investor Lawsuit alleges False and Misleading Statements

An investor, who purchased shares of Fusion Connect, Inc. (NASDAQ: FSNN), filed a lawsuit in the U.S. District Court for the Southern District of New York over alleged violations of Federal Securities Laws by Fusion Connect, Inc. in connection with certain allegedly false and misleading statements made between August 14, 2018 and April 2, 2019.

Investors in shares of Fusion Connect, Inc. (NASDAQ: FSNN) have certain options and for certain investors are short and strict deadlines running. Deadline: June 17, 2019 NASDAQ: FSNN investors should contact the Shareholders Foundation at [email protected] or call +1(858) 779 – 1554.

According to the complaint the plaintiff alleges on behalf of purchasers of Fusion Connect, Inc. (NASDAQ: FSNN) common shares between August 14, 2018 and April 2, 2019, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between August 14, 2018 and April 2, 2019, the defendants made false and/or misleading statements and/or failed to disclose that Fusion Connect’s earnings for the quarters ended June 30, 2018 and September 30, 2018 were overstated due to the insufficient precision in the process by which certain of its Birch Communications Holdings, Inc. subsidiaries capitalized costs, and that as a result, Fusion Connect’s public statements were materially false and misleading at all relevant times

Those who purchased shares of Fusion Connect, Inc. (NASDAQ: FSNN) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North – Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
[email protected]

About:
The Shareholders Foundation, Inc. is a professional portfolio monitoring and 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. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.