TMCnet News
Glancy Prongay & Murray Commences Investigation on Behalf of Tangoe, Inc. InvestorsGlancy Prongay & Murray LLP ("GPM") is investigating claims on behalf of investors of Tangoe (News - Alert), Inc. ("Tangoe" or the "Company") (NASDAQ: TNGO) concerning the Company and its officers' possible violations of federal securities laws. On March 7, 2016, post-market, Tangoe disclosed that the Company is restating its financial results for the entirety of oth 2013 and 2014, as well as for the first three quarters of 2015. Tangoe has since stated that its "decision to restate these financial statements is based on the Company's conclusion that it made errors in recognizing revenue, primarily from business activities that are ancillary to the Company's core business." On this news, shares of Tangoe have fallen over 9%, to just $7.05 per share post-market on March 8, 2016. If you purchased Tangoe securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Casey Sadler, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to [email protected], or visit our website at http://www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
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