(English) Sprint Corporation
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(English) SHAREHOLDER ALERT: Zhang Investor Law Announces the Filing of a Securities Class Action Lawsuit Against Sprint Corporation – S
New York, N.Y., April 30, 2019. Zhang Investor Law announces the filing of a class action lawsuit on behalf of shareholders who bought shares of Sprint Corporation (NYSE: S) from January 31, 2019 through April 16, 2019, inclusive (the “Class Period”). The lawsuit seeks to recover damages Sprint investors under the federal securities laws.
To join the Sprint class action, go to http://zhanginvestorlaw.com/cases/sprint-corporation/ or call Sophie Zhang, Esq. or toll-free at 800-991-3756 or email firstname.lastname@example.org 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, Sprint misrepresented the number of net postpaid subscriber additions in its Form 10-Q for the period ending December 31, 2018. In a subsequent letter to the Federal Communications Commission (“FCC”), Sprint admitted that its Form 10-Q disclosures were “incomplete” and that the reported net subscriber increase included those offered “free lines.” 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 21, 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/sprint-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 email@example.com.
Zhang Investor Law represents investors worldwide.