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Solomon v. Sprint Corporation et al

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Case Number:

1:19-cv-05272

Court:

New York Southern

Nature of Suit:

Securities/Commodities

Multi Party Litigation:

Class Action

Judge:

Mary Kay Vyskocil

Firms

Companies

T-Mobile US Inc.

Sectors & Industries:

Technology
- Domestic

August 14, 2023
Sprint Investors Attys Secure $1.2M For Subscriber Base Suit

A New York federal judge on Monday gave the final OK to a $3.75 million deal that will resolve claims that Sprint misled investors about the number of new customers it had, while also awarding $1.2 million in attorney fees.
April 11, 2023
Judge OKs $3.75M Sprint Deal In Subscriber Growth Suit

Sprint has received a New York federal court's tentative approval of its $3.75 million deal to escape proposed class action claims accusing the telecom behemoth of misleading investors about the amount of new customers it had.
September 22, 2022
Sprint To Pay Investors $3.75M For Subscriber Growth Claims

Sprint Corp. will pay $3.75 million to settle a proposed class action in New York federal court claiming it misled investors about gaining new customers, according to an approval motion filed Thursday, six months after the judge refused to nix the case but trimmed some allegations.
March 28, 2022
Sprint Can't Hang Up On Investor Suit Over Subscriber Claims

Sprint can't escape a proposed class action brought over claims the telecommunications company misled investors about gaining new customers and overstated its revenue with government subsidies, yet a New York federal judge has trimmed some of the suit's fraud and scienter allegations.
October 05, 2020
Sprint Asks Judge To Toss 'Illogical' Investor Suit

Sprint asked a New York federal judge Friday to toss a proposed class action lodging "far-fetched" allegations that the telecommunications company lied about gaining new customers and overstated its revenue with government subsidies.
May 14, 2020
Pomerantz To Lead Investors In Sprint Stock-Drop Suit

A New York federal judge appointed Pomerantz LLP on Wednesday to represent Sprint Corp. investors in a proposed class action that accuses the telecom of telling shareholders it was gaining customers when in fact it was losing them, causing its stock price to drop when the information was made public.
June 06, 2019
Sprint Hit With Stock-Drop Suit Over Subscriber Data

Sprint Corp. misled investors over the number of new customers it was adding, causing its share price to drop when a news report revealed the company sent a letter to the Federal Communications Commission stating that it was actually losing customers, according to a lawsuit.