Welcome to the website for Synchronoss Technologies, Inc. Securities Litigation pending in the United States District Court for the District of New Jersey (the “Action”).
The Final Approval Hearing is scheduled for December 8, 2021, at 12:00 p.m. EST and will be conducted via Zoom.
Persons wishing to attend the Final Approval Hearing should use the Zoom access information below:
874 6059 4308
NOTICE OF PENDENCY AND PROPOSED SETTLEMENT OF CLASS ACTION (“Notice”): Please be advised that the Court-appointed Lead Plaintiff Employees’ Retirement System of the State of Hawaii and Defendants Synchronoss Technologies, Inc. (“SNCR”) and Karen L. Rosenberger (“Defendants”) and the proposed $19,000,000 settlement reached therein and detailed in the parties’ Stipulation of Settlement dated August 19, 2021 (the “Settlement”) that, if approved, will resolve all claims in the Litigation.
The Settlement Class is comprised of all persons or entities who, directly or through an intermediary, purchased or otherwise acquired Synchronoss common stock at any time during the period of October 28, 2014, through June 13, 2017, inclusive.
Please read the Notice to fully understand your rights and options.
If you are a member of the Settlement Class, in order to be potentially eligible to receive payment from the Settlement, you must submit a Proof of Claim Form (“Claim Form”) postmarked, or electronically filed no later than January 6, 2022.
Payments to eligible claimants will be made only after any appeals are resolved, and after the completion of all claims processing. Please be patient, as this process will take some time to complete.
The Frequently Asked Questions (FAQs) page of this website has more information on your rights as a Member of the Settlement Classes in this Action.
Your legal rights will be affected whether you act or do not act. If you do not act, you may permanently forfeit your right to recover on any claim you might have. Therefore, you should read the Notice carefully.