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A class action has been filed on behalf of Nokia Corporation Investors. Click "Join this Class Action" above.

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Nokia Corporation

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Zhang Investor Law announces the filing of a class action lawsuit on behalf of shareholders who bought shares of Nokia Corporation (NYSE: NOK) from April 15, 2015 through March 21, 2019, inclusive (the “Class Period”). The lawsuit seeks to recover damages for Nokia investors under the federal securities laws.

If you bought Nokia securities between April 15, 2015 and March 21, 2019, and would like to join the action, please click “Join This Class Action,” above.

Press Release

SHAREHOLDER ALERT: Zhang Investor Law Announces the Filing of a Securities Class Action Lawsuit Against Nokia Corporation – NOK

New York, N.Y., May 9, 2019. Zhang Investor Law announces the filing of a class action lawsuit on behalf of shareholders who bought shares of Nokia Corporation (NYSE: NOK) from April 15, 2015 through March 21, 2019, inclusive (the “Class Period”). The lawsuit seeks to recover damages for Nokia investors under the federal securities laws.

To join the Nokia class action, go to http://zhanginvestorlaw.com/cases/nokia-corporation/ or call Sophie Zhang, Esq. or toll-free at 800-991-3756 or email info@zhanginvestorlaw.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 RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT.

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Alcatel-Lucent S.A. (“Alcatel”), a French global telecommunications equipment company acquired by Nokia in November 2016, maintained insufficient internal controls and was materially non-compliant in its business practices; (2) Nokia had failed to conduct adequate due diligence into Alcatel prior to its acquisition; (3) subsequent to the completion of Nokia’s acquisition of Alcatel, the Company maintained insufficient internal controls over the integration of Alcatel’s businesses; (4) as a result of the foregoing, at all relevant times, Nokia was at risk of serious criminal and civil penalties; and (5) as a result, Nokias’s public statements were materially false and misleading at all relevant times. 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 18, 2019. 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://zhanginvestorlaw.com/cases/nokia-corporation/ or to discuss your rights or interests regarding this class action, please contact Sophie Zhang, Esq. of Zhang Investor Law toll free at 800-991-3756 or via e-mail at info@zhanginvestorlaw.com.

Zhang Investor Law represents investors worldwide.
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