Thieler Law Corp advises investors with losses exceeding $100,000 of the June 30, 2017 lead plaintiff deadline in a class action lawsuit filed against Synchronoss Technologies Inc (NASDAQ: SNCR) (“Synchronoss” or “the Company”). The suit is pending in the U.S. District Court for the District of New Jersey and investors, who purchased Synchronoss Technologies Inc securities between December 6, 2016 and April 26, 2017, have until June 30, 2017 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased Synchronoss Technologies Inc securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 377 - 4324 or emailing mail@thielerlaw.com . No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class.

The complaint alleges that during the Class Period defendants made false and misleading statements and/or allegedly failed to disclose that Synchronoss would not be able to meet revenue guidance provided to investors; as such, Synchronoss would need to revise its prior guidance; and as a result, defendants’ statements about Synchronoss’s business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

On April 27, 2017, the Company reported preliminary First Quarter Fiscal 2017 financial guidance and disclosed that, "[i]n view of the Company's performance in the first quarter, we expect that this will impact our full year guidance."  Synchronoss also disclosed that its Chief Executive Officer ("CEO") and Chief Financial Officer ("CFO") would each be "leaving to pursue other interests."

On this news, NASDAQ: SNCR fell $11.33 per share, or over 46 percent, to close on April 27, 2017 at $13.29 per share.

If you were negatively impacted by your investment in Synchronoss Technologies Inc securities between December 6, 2016 and April 26, 2017 and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation.

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