An investigation for investors in NASDAQ:TNGO shares over potential securities laws violations by Tangoe Inc was announced and NASDAQ:TNGO stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 03/29/2016 -- An investigation for shareholders in NASDAQ:TNGO shares was announced concerning possible securities laws violations by Tangoe Inc in connection certain financial statements was announced.
Shares of Tangoe Inc (NASDAQ:TNGO) declined on March 8, 2016, to as low as $5.32 per share.
Investors who purchased shares of Tangoe Inc (NASDAQ:TNGO), have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 - 1554.
The investigation by a law firm focuses on possible claims for purchasers of the securities of Tangoe Inc (NASDAQ:TNGO) concerning whether a series of statements by Tangoe Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On March 7, 2016, Tangoe Inc (NASDAQ:TNGO) announced that it will restate its financial statements for the years 2013 and 2014, all quarters therein, and the first 3 quarters of 2015. Tangoe Inc said that this decision was approved by the Company's Board of Directors, upon the recommendation of the Company's Audit Committee and that Tangoe Inc does not expect to file its annual report on Form 10-K with the SEC as scheduled on March 15, 2016.
Those who purchased shares of Tangoe Inc (NASDAQ:TNGO) have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
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