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SHAREHOLDER ALERT: Pawar Law Group Announces a Securities Class Action Lawsuit Against Synacor, Inc. – SYNC

ACCESSWIRE

By Pawar Law Group

NEW YORK, NY / ACCESSWIRE / April 17, 2018 / Pawar Law Group announces that a class action lawsuit has been filed on behalf of shareholders who purchased shares of Synacor, Inc. (NASDAQ: SYNC) from May 4, 2016 through March 15, 2018, inclusive. The lawsuit seeks to recover damages for Synacor investors under the federal securities laws.

To join the Synacor class action, go to http://pawarlawgroup.com/cases/synacor-inc/ or call Vik Pawar, Esq. toll-free at 888-589-9804 or email vik@pawarlawgroup.com 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 ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. YOU MAY RETAIN COUNSEL OF YOUR CHOICE.

According to the lawsuit, defendants made materially false and/or misleading statements and/or failed to disclose that: (1) Synacor was unlikely to receive significant revenues from its contract with AT&T Inc. until 2018; and (2) as a result, Synacor’s revenue forecasts issued during the Class Period were materially false and misleading. 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 4, 2018. 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://pawarlawgroup.com/cases/synacor-inc/ or to discuss your rights or interests regarding this class action, please contact Vik Pawar, Esq. of Pawar Law Group toll free at 888-589-9804 or via e-mail at vik@pawarlawgroup.com.

Pawar Law Group represents investors from around the world.

Vik Pawar, Esq.

Pawar Law Group P.C

20 Vesey Street Suite 1210

New York, NY 10007

Tel: (917) 261-2277

Toll Free: 888-589-9804

Fax: (212) -571-0938

vik@pawarlawgroup.com

www.pawarlawgroup.com

SOURCE: Pawar Law Group

ReleaseID: 496364