Try our Advanced Search for more refined results

Miller v. Sonus Networks, Inc. et al

  1. April 26, 2024

    Sonus $4.5M Settlement With Investors Gets Final OK

    A Massachusetts federal judge has granted final approval to a $4.5 million settlement, including $1.5 million in fees for class counsel, to resolve a securities class action between the former Sonus Networks Inc. and investors over a 2015 stock price decline tied to the communications company's revenue forecasting.

  2. October 19, 2023

    Sonus' $4.5M Deal In Stock-Drop Action Preliminarily OK'd

    A Massachusetts federal judge on Thursday gave the initial nod to a $4.5 million settlement between the former Sonus Networks Inc. and investors to end a class action over a 2015 stock price decline tied to the company's revenue forecasting.

  3. July 26, 2023

    Sonus Investors Detail $4.5M Deal In Revenue-Forecast Suit

    Investors in the former Sonus Networks Inc. have asked a Massachusetts federal judge to grant the first green light to a $4.5 million settlement they reached with the company to resolve a putative class action over a 2015 stock decline tied to the company's revenue forecasting.

  4. June 20, 2023

    Sonus Networks To Settle Investors' Revenue Forecast Suit

    Investors suing Sonus Networks Inc. over a 2015 stock decline tied to the company's revenue forecasting told a Boston federal judge that they have reached the outlines of an agreement to settle the proposed class action.

  5. October 20, 2022

    After 3-Year Wait, Mass. Judge Lets Sonus Stock Suit Proceed

    Sonus Networks Inc. could not duck a suit over a 2015 stock decline as a Massachusetts federal judge on Thursday denied the company's long-pending motion to dismiss, a day after the investors asked the First Circuit to order the court to finally rule.

  6. June 23, 2022

    Sonus Investors Urge Judge To Finally Rule On 2019 Motion

    Investors suing Sonus Networks Inc. and its executives for allegedly stretching financial statements to overstate revenue forecasts pressed a Massachusetts federal judge for the third time on Thursday to rule on a motion to dismiss that was filed in August 2019 and argued in February 2020.

  7. November 09, 2018

    Sonus Fudged Revenue Forecasts, Investor Says In Suit

    Sonus Networks and its executives were hit with an investor suit in Massachusetts federal court Thursday for allegedly stretching financial statements to overstate revenue forecasts after the company and two of its officials were fined by the U.S. Securities and Exchange Commission.