Synchronoss Technologies, Inc. SEC FAIR FUND
This United States Securities and Exchange Commission (the “Commission”) Fair Fund is on behalf of investors who purchased or otherwise acquired Synchronoss Technologies, Inc. (“Synchronoss”) (NASDAQ: SNCR) common stock between February 6, 2014 and May 9, 2018, inclusive (the “Class Period”).
The Respondents were ordered to pay $12,720,000 in civil penalties to compensate investors who were harmed by the Respondents’ violations of federal securities laws.
What’s the status of the Settlement?
On June 7, 2022, the Commission approved a Distribution Plan for the Fair Fund. The Fair Fund website is active and open for claims.
Who can file a claim?
The Fair Fund class includes all persons or entities who:
- Purchased or otherwise acquired Synchronoss common stock between February 6, 2014 and May 9, 2018, inclusive.
How much is the Settlement Payment?
Pro rata payment: The total Fair Fund is $12,720,000. The amount each class member receives will depend on several factors, including:
- The number of valid claims submitted
- The number of shares purchased and sold
- The dates of purchase and sale
- The price paid for the shares and the price received upon sale
How do I file a claim?
The deadline to file a claim is August 13, 2026. To submit a claim and/or to find additional information regarding the terms of the Fair Fund and claim filing process, go to synchronosstechnologiesfairfund.com, or contact the claims administrator, Epiq, at 1‑888‑817‑5548.
If you wish to discuss this action or have any questions, please contact Kessler Topaz Meltzer & Check, LLP: Jon Naji, Esq. (484) 270-1453; toll-free at (844) 887-9500; or via e-mail at [email protected].
ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP:
Kessler Topaz Meltzer & Check, LLP (KTMC) is a leading U.S. plaintiff-side law firm focused on securities-fraud class actions and global investor protection. The firm represents individual investors as well as institutions, such as major pension funds, asset managers, and international investors. KTMC has led some of the largest recoveries in securities litigation and has been recognized by peers and the legal media with numerous accolades, including The National Law Journal’s Plaintiff’s Hot List and Trailblazers in Plaintiffs’ Law, BTI Consulting Group’s Honor Roll of Most Feared Law Firms, The Legal Intelligencer’s Class Action Firm of the Year, Lawdragon’s Leading Plaintiff Financial Lawyers, and Law360’s Titans of the Plaintiffs Bar. The firm operates globally with offices in Pennsylvania and California. KTMC has recovered over $25 billion for our clients and the classes they represent.