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Stock Market & Financial Investment News

News Breaks
March 21, 2014
07:56 EDTSONSSonus Networks 37.5M share Spot Secondary priced at $3.53
Goldman acted as sole book running manager for the offering.
News For SONS From The Last 14 Days
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April 9, 2015
09:04 EDTSONSMitel appoints Wes Durow as Chief Marketing Officer
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April 8, 2015
16:07 EDTSONSSonus discloses purported shareholder class action lawsuit
Sonus Networks announced that a purported shareholder class action was filed against it and two of its officers in the United States District Court for the District of New Jersey. The plaintiff claims to represent purchasers of Sonusí common stock during the period from October 23, 2014 to March 24, 2015 and seeks unspecified damages. The principal allegation contained in the Complaint is the claim that the defendants purportedly made misleading forward-looking statements concerning Sonusí Q1 financial performance. Sonus believes that it and the individual defendants have meritorious defenses to the allegations made in the Complaint and intends to contest the lawsuit vigorously.

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