BENSALEM, Pa.--(BUSINESS WIRE)--
Law Offices of Howard G. Smith announces an investigation on behalf of Fusion Connect, Inc. investors (“Fusion” or the “Company”) (NASDAQ: FSNN) concerning the Company and its officers’ possible violations of federal securities laws.
On March 13, 2018, the Company announced that its earning call for the fourth quarter and full year of 2018 would be postponed. Then, on April 2, 2019, the Company disclosed certain accounting errors related to a 2018 acquisition and stated that previously issued financial statements should no longer be relied upon. Fusion also relayed that additional accounting errors would further delay the filing of its 2018 Form 10-K.
On this news, shares of Fusion fell $0.98 per share, or over 81%, over several trading sessions to close at $0.22 on April 3, 2019, thereby injuring investors.
If you purchased Fusion 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 Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to firstname.lastname@example.org, or visit our website at www.howardsmithlaw.com.
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