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Glancy Prongay & Murray LLP Reminds Investors of the July 25 Deadline in the Class Action Lawsuit Against Tangoe, Inc.Glancy Prongay & Murray LLP ("GPM") reminds investors of the upcoming July 25, 2016 deadline to file a lead plaintiff motion in the class action filed on behalf of a class (the "Class") of investors who purchased Tangoe (News - Alert), Inc. ("Tangoe" or the "Company") (NASDAQ: TNGO) securities between March 18, 2014 and March 7, 2016, inclusive (the "Class Period"). Tangoe investors have until July 25, 2016 to file a lead plaintiff motion. The Complaint alleges that throughout the Class Period, defendants made materially false and misleading statemens regarding the Company's business, operational, and compliance policies. Specifically, the Complaint alleges that defendants issued false and misleading statements to investors and/or failed to disclose that: (1) defendants made errors in recognizing Tangoe's revenue; (2) the Company's financial results were overstated; and (3) as a result, statements about Tangoe's business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. If you purchased Tangoe shares, you may move the Court no later than July 25, 2016 to request appointment as lead plaintiff. To be a member of the class you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class. If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, 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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160616006270/en/ |
