Overview

Basic information

Litigation

Active legal matters

Material Events

8-K disclosures

SEC Filings

Key regulatory docs

Insider Transactions

Ownership changes

Overview

Basic information

Litigation

Active legal matters

Material Events

8-K disclosures

SEC Filings

Key regulatory docs

Insider Transactions

Ownership changes

SYNCHRONOSS TECHNOLOGIES INC (SNCR) Class Action Lawsuit (May 2017)

Closed

3:17cv2978 • May 1, 2017

Class Period Start

October 27, 2014

Class Period End

September 11, 2017

PSLRA Deadline

June 30, 2017

Case Allegations

10b5

Statutes of Repose

Oct 27, 2017

Country

United States

Court

Federal Court

Settlement Information

Please note that for cases in the settlement stage, claims are handled by the claims administrator and NOT Levi & Korsinsky. Any information or documentation previously provided to us does not constitute submission of a claim. If you need to file a claim, check the status of a claim, or have questions regarding distribution of settlement funds, please contact the claims administrator below.

Claim Deadline

January 6, 2022

Settlement Fund

$19,000,000

Settlement Status

Disbursed

Settlement Class

All persons or entities that purchased or otherwise acquired the public traded common stock of Synchronoss Technologies, Inc. (“Synchronoss”) between October 28, 2014 and June 13, 2017, inclusive.

Claim Administrator

Epiq
Synchronoss Securities Settlement c/o Epiq P.O. Box 5406 Portland, OR 97228-5406
+1 866-991-0895
[email protected]

Hearing Date

December 8, 2021

Opt-out Deadline

November 17, 2021

Settlement Note

Download here

Proof Of Claim

Download here

Docket History

May 25, 2023

Disbursement Approved

The court has approved the distribution of settlement funds to eligible class members. Investors with approved claims may receive payments from the settlement. If you have questions about your claim or payment, contact the claims administrator.

Dec 8, 2021

Final Approval of Settlement

The court has granted final approval of the settlement. Eligible investors who submit valid claims may receive a payment once the claims review and distribution process is completed.

Aug 25, 2021

Proof of Claim Form

To receive your portion of the recovery (if you are eligible), you must submit this form to the claims administrator by the deadline indicated on the form itself. If you do not submit this form in time, you will not be entitled to compensation. If you have questions about how to complete the form, you should contact the claims administrator.

Aug 25, 2021

Preliminary Approval of Settlement

The court has granted preliminary approval of a proposed settlement. This means the settlement can move forward for further consideration, but it has not yet received final approval. Potential class members will generally receive notice explaining the settlement, their rights, and any deadlines for submitting a claim, objecting to the settlement, or choosing not to participate.

Aug 20, 2021

Proposed Settlement

Apr 7, 2021

Scheduling Order

Mar 1, 2021

Scheduling Order

Jan 19, 2021

Scheduling Order

Oct 30, 2020

Motion for Class Certification

The plaintiffs have asked the court to approve the lawsuit to proceed as a class action on behalf of a group of investors. The judge will decide whether the case meets the requirements for class certification and which investors and claims may be included.

Sep 28, 2020

Scheduling Order

Sep 15, 2020

Scheduling Order

Aug 24, 2020

Scheduling Order

Aug 11, 2020

Scheduling Order

Jun 10, 2020

Scheduling Order

May 29, 2020

Motion to Dismiss Denied in Part

The court has determined that plaintiffs have adequately alleged some of their claims, but have failed to adequately allege other claims. The judge has therefore denied in part the motion to dismiss filed by defendants and written an order stating which claims are dismissed and which remain. The case will proceed and parties will litigate the remaining claims.

Oct 4, 2019

Motion to Dismiss

After reviewing the complaint(s) filed by plaintiffs, defendants have filed a motion requesting that the court dismiss some or all of the plaintiffs' claims. In a motion to dismiss, defendants might challenge the validity of plaintiffs' claims or adequacy of plaintiffs' pleadings. Once a motion to dismiss is filed, the judge will make a decision on whether part or all of the case should be dismissed or the case can proceed as alleged.

Aug 14, 2019

Second Amended Complaint

A new complaint has been filed on behalf of certain investors in SYNCHRONOSS TECHNOLOGIES INC. Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.

Jul 18, 2019

Scheduling Order

Jul 2, 2019

Motion to Dismiss Granted

The court has granted the defendants' request to dismiss the lawsuit. Depending on the court's decision, the plaintiffs may be allowed to file an updated complaint or pursue an appeal.

Jun 28, 2019

Motion to Dismiss Granted

The court has granted the defendants' request to dismiss the lawsuit. Depending on the court's decision, the plaintiffs may be allowed to file an updated complaint or pursue an appeal.

Jan 18, 2019

Scheduling Order

Nov 6, 2018

Motion to Dismiss

After reviewing the complaint(s) filed by plaintiffs, defendants have filed a motion requesting that the court dismiss some or all of the plaintiffs' claims. In a motion to dismiss, defendants might challenge the validity of plaintiffs' claims or adequacy of plaintiffs' pleadings. Once a motion to dismiss is filed, the judge will make a decision on whether part or all of the case should be dismissed or the case can proceed as alleged.

Oct 22, 2018

Scheduling Order

Aug 24, 2018

Second Amended Complaint

A new complaint has been filed on behalf of certain investors in SYNCHRONOSS TECHNOLOGIES INC. Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.

Jul 16, 2018

Scheduling Order

May 3, 2018

Scheduling Order

Feb 2, 2018

Motion to Dismiss

After reviewing the complaint(s) filed by plaintiffs, defendants have filed a motion requesting that the court dismiss some or all of the plaintiffs' claims. In a motion to dismiss, defendants might challenge the validity of plaintiffs' claims or adequacy of plaintiffs' pleadings. Once a motion to dismiss is filed, the judge will make a decision on whether part or all of the case should be dismissed or the case can proceed as alleged.

Nov 20, 2017

First Amended Complaint

A new complaint has been filed on behalf of certain investors in SYNCHRONOSS TECHNOLOGIES INC. Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.

Sep 25, 2017

Scheduling Order

Sep 5, 2017

Appointment of Lead Plaintiff

The court has appointed a lead plaintiff to represent the interests of investors in the lawsuit. The lead plaintiff works with the attorneys handling the case, helps oversee the litigation, and represents the interests of the proposed class.

May 1, 2017

First Filed Complaint

A securities fraud class action complaint has been filed on behalf of certain investors in SYNCHRONOSS TECHNOLOGIES INC.

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