NEW ORLEANS, LA--(Marketwired - June 24, 2016) - Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until July 25, 2016 to file lead plaintiff applications in a securities class action lawsuit against Tangoe, Inc. (NASDAQ: TNGO), if they purchased the Company's securities between March 18, 2014 through March 7, 2016, inclusive (the "Class Period"). This action is pending in the United States District Court for the District of New Jersey.
What You May Do
If you purchased shares of Tangoe and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, call toll-free at 1-877-515-1850 or email KSF Managing Partner Lewis Kahn (firstname.lastname@example.org). If you wish to serve as a lead plaintiff in this class action, you must petition the Court by July 25, 2016.
About the Lawsuit
Tangoe and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
On March 7, 2016, Tangoe announced that it would be restating its financial statements and that its consolidated financial statements for the fiscal years ending December 31, 2013 and 2014, and for the quarters ending March 31, 2015, June 30, 2015, and September 30, 2015 should no longer be relied on.
On this news, the price of Tangoe's common stock plummeted.
About Kahn Swick & Foti, LLC
KSF, whose partners include the Former Louisiana Attorney General Charles C. Foti, Jr., is a law firm focused on securities, antitrust and consumer class actions, along with merger & acquisition and breach of fiduciary litigation against publicly traded companies on behalf of shareholders. The firm has offices in New York, California and Louisiana.
To learn more about KSF, you may visit www.ksfcounsel.com.