NEW YORK--(BUSINESS WIRE)--
Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Sprint Corporation (NYSE:S) resulting from allegations that Sprint may have issued materially misleading business information to the investing public.
On April 15, 2019, Sprint’s counsel responded to the Federal Communications Commission’s (“FCC”) review of the proposed merger between Sprint and T-Mobile US, Inc. In the response, Sprint’s attorney stated that “Sprint is in a very difficult situation that is only getting worse.” Then on April 17, 2019, The Wall Street Journal published an article titled, “Sprint Tells Regulators Its Business Is Worse Than Earlier Portrayed.” On this news, shares of Spring fell from $6.10 on April 12, 2019, to close at $5.64 on April 17, 2019.
Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by Sprint investors. If you purchased shares of Sprint please visit the firm’s website at http://www.rosenlegal.com/cases-register-1559.html to join the class action. You may also contact Phillip Kim of Rosen Law Firm toll free at 866-767-3653 or via email at email@example.com or firstname.lastname@example.org.
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Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has secured hundreds of millions of dollars for investors.
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