Cases
Nokia Corporation (NOK)
Securities Class Action
Overview
Overview
- Date:
- 6/14/2019
- Company Name:
- Nokia Corporation
- Stock Symbol:
- NOK
- Class Period:
- FROM 10/25/2018 TO 3/21/2019
- Status:
- Closed/Complete
NEW YORK, June 14, 2019 – Bragar Eagel & Squire, P.C. announces that a class action lawsuit has been filed in the U.S. District Court for the Southern District of New York on behalf of all persons or entities who purchased or otherwise acquired Nokia Corporation (NYSE: NOK) securities between October 25, 2018 and March 21, 2019 (the “Class Period”). Investors have until June 18, 2019 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
The complaint alleges that throughout the Class Period defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the company’s business, operations, and prospects. Specifically, the complaint alleges that defendants failed to disclose to investors that: (1) Alcatel-Lucent had certain compliance issues; (2) as a result, the company would be subject to regulatory scrutiny; (3) as a result, the company was reasonably likely to face penalties and fines; and (4) as a result of the foregoing, defendants positive statements about the company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
If you purchased Nokia securities during the Class Period or continue to hold shares purchased before the Class Period, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.
The complaint alleges that throughout the Class Period defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the company’s business, operations, and prospects. Specifically, the complaint alleges that defendants failed to disclose to investors that: (1) Alcatel-Lucent had certain compliance issues; (2) as a result, the company would be subject to regulatory scrutiny; (3) as a result, the company was reasonably likely to face penalties and fines; and (4) as a result of the foregoing, defendants positive statements about the company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
If you purchased Nokia securities during the Class Period or continue to hold shares purchased before the Class Period, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.