Levi & Korsinsky announces that a class action has commenced in the United States District Court for the District of New Jersey on behalf of shareholders who purchased Sonus Networks, Inc. securities between October 23, 2014 and March 24, 2015.
The complaint alleges that Sonus made false and/or misleading statements and/or failed to disclose that: (a) the Company would be unable to close certain orders in the first quarter of 2015; and (b) the Company was experiencing longer decision cycles from its customers. If you suffered a loss in Sonus you have until June 5, 2015 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.
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