PAWAR LAW REMINDS: Synacor, Inc. Investors of Important June 4, 2018 Lead Plaintiff Deadline in Class Action- SYNC
NEW YORK, NY / ACCESSWIRE / April 27, 2018 / Pawar Law Group reminds shareholders who purchased shares of Synacor, Inc. (NASDAQ: SYNC) from May 4, 2016 through March 15, 2018, inclusive (the “Class Period”) of the important June 4, 2018 lead plaintiff deadline in the class action. The lawsuit seeks to recover damages for Synacor investors under the federal securities laws. To join the Synacor class action, go to http://pawarlawgroup.com/cases/synacor-inc/ or call Vik Pawar, Esq. toll-free at 888-589-9804 or email vik@pawarlawgroup.com for information on the class action.
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. You may also remain an absent class member and do nothing at this point. You may retain counsel of your choice.
According to the lawsuit, defendants made materially false and/or misleading statements and/or failed to disclose that: (1) Synacor was unlikely to receive significant revenues from its contract with AT&T Inc. until 2018; and (2) as a result, Synacor’s revenue forecasts issued during the Class Period were materially false and misleading. When the true details entered the market, the lawsuit claims that investors suffered damages.
A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 4, 2018. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://pawarlawgroup.com/cases/synacor-inc/ or to discuss your rights or interests regarding this class action, please contact Vik Pawar, Esq. of Pawar Law Group toll-free at 888-589-9804 or via e-mail at vik@pawarlawgroup.com.
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Contact:
Vik Pawar, Esq.
Pawar Law Group
20 Vesey Street, Suite 1210
New York, NY 10007
Tel: (917) 261-2277
Fax: (212) 571-0938
info@pawarlawgroup.com
SOURCE: Pawar Law Group
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