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 -- April 16, 2013
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”) (NasdaqGS:
TNGO) stock between December 20, 2011 and September 5, 2012 (the “Class
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
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.
Toll Free: 877-363-5972
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