UPCOMING DEADLINE: 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 23, 2013
NEW YORK, April 23, 2013 /PRNewswire/ --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 Period").
(Logo: http://photos.prnewswire.com/prnh/20120409/MM84375LOGO )
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
email@example.com 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.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (866) 367-6510
SOURCE Levi & Korsinsky, LLP
Press spacebar to pause and continue. Press esc to stop.