Sprint Corporation (NYSE: S)
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Hagens Berman Sobol Shapiro LLP reminds investors in Sprint Corporation (NYSE: S) of the to the June 21, 2019 Lead Plaintiff deadline in the securities class action pending in the U.S. District Court for the Southern District of New York.
If you purchased or otherwise acquired securities of Sprint between January 31, 2019 and April 16, 2019 (the “Class Period”) and suffered losses in excess of $50,000 contact Hagens Berman Sobol Shapiro LLP. For more infomation contact Reed Kathrein, who is leading the firm's investigation, by calling 510-725-3000 or emailing Sprint@hbsslaw.com.
According to the complaint, Defendants misled investors throughout the class period by (1) highlighting that it had 309,000 total postpaid net additions, a widely-watched metric by Wall Street analysts, and (2) concealing that these additions were not new customers.
“We’re focused on investors’ losses, Sprint’s disclosures to regulators about the Company’s business to support its merger with T-Mobile, whether those disclosures might be inconsistent with disclosures to investors, and, if so, the extent to which investors may have been misled,” said Hagens Berman partner Reed Kathrein.
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