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
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: http://zlk.9nl.com/tangoe-tngo/.
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 firstname.lastname@example.org or by telephone at (877)
363-5972, or visit http://zlk.9nl.com/tangoe-tngo/.
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.
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
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