|Company name||Sprint Corporation|
|Class period||January 31, 2019 – April 16, 2019|
|Court||Southern District of New York|
NEW YORK, June 19, 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 Sprint Corporation (NYSE: S) securities between January 31, 2019 and April 16, 2019 (the “Class Period”). Investors have until June 21, 2019 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
The complaint alleges that during the Class Period defendants misrepresented the number of net postpaid subscriber additions in its Form 10-Q for the period ending December 31, 2018. In a subsequent letter to the Federal Communications Commission, Sprint admitted that its Form 10-Q disclosures were “incomplete” and that the reported net subscriber increase included those offered “free lines.”
If you purchased Sprint 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 firstname.lastname@example.org, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.