LOS ANGELES–(BUSINESS WIRE)–$SNCR #classaction—The Law Offices of Frank R. Cruz announces an investigation of Synchronoss Technologies, Inc. (“Synchronoss” or the “Company”) (NASDAQ: SNCR) on behalf of investors concerning the Company’s possible violations of federal securities laws.
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On September 21, 2020, Synchronoss announced that its Chief Executive Officer, Glenn Lurie, resigned “following the Board of Directors’ review of allegations of personal misconduct by Mr. Lurie in violation of the Company’s policies.”
On this news, the Company’s share price fell as much as $0.37, or 10%, during intraday trading on September 22, 2020, thereby injuring investors.
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If you purchased Synchronoss securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to [email protected], or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.
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