An investigation for investors in NASDAQ:TNGO shares over potential securities laws violations by Tangoe Inc and certain of its directors and officers was announced.
Investors who purchased shares of Tangoe Inc (NASDAQ:TNGO), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.
The investigation by a law firm focuses on whether certain 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.Shares of Tangoe Inc (NASDAQ:TNGO) declined on March 8, 2016, to as low as $5.32 per share.
Those who purchased NASDAQ:TNGO shares have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North – Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com