Glancy Prongay & Murray LLP (GPM) announces an investigation on behalf of Sprint Corporation (Sprint or the Company) (NYSE: S) investors concerning the Company and its officers possible violations of federal securities laws.
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If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, at 310-201-9150, Toll-Free at 888-773-9224, or by email to [email protected], or visit our website at www.glancylaw.com.
On April 15, 2019, Sprint responded to the Federal Communications Commission (FCC) review of the Companys proposed merger with T-Mobile US Inc., stating that Sprint is in a very difficult situation that is only getting worse. Then, on April 17, 2019, The Wall Street Journal published an article stating that Sprint has touted adding new wireless connections for six straight quarters[, but] many of those gains were free lines or existing customers that switched services.
On this news, shares of Sprint fell $0.37 per share or over 6% to close at $5.64 per share on April 17, 2019, thereby damaging investors.
If you purchased Sprint securities, have information or 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 Lesley F. Portnoy, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to [email protected], or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.
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