Synchronoss Beats Revised Shareholder Suit Over Unit Sale

By Jeannie O'Sullivan (May 3, 2021, 7:21 PM EDT) -- A New Jersey federal judge for the second time tossed a derivative lawsuit alleging Synchronoss Technologies Inc. shareholders were misled about the value of a divestiture, ruling that the suing investor failed to prove it would have been futile to ask the board members to stop the alleged wrongdoing before resorting to litigation....

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