Nokia rejects securities fraud allegations in USA
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[February 08, 2010]

Nokia rejects securities fraud allegations in USA

(Nordic Business Report Via Acquire Media NewsEdge) 8 February 2010 - Finnish mobile handset maker Nokia Oyj (HEL: NOK1V) considers the allegations of securities fraud in a class action complaint, filed in a US district court on 5 February 2010, are not true, the company said today.



The complaint, alleging securities fraud in connection with Nokia statements from the period 24 January 2008 - 5 September 2008 regarding the production and sales of certain of its mobile devices, was filed with the US District Court for the Southern District of New York.

"Nokia intends to defend itself against the complaint vigorously," the company said.


((Comments on this story may be sent to tww.feedback@m2.com)) (c) 2010 M2 COMMUNICATIONS

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