Sprint Corporation Securities Litigation (2019)

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Lawsuit Overview

Defendant:Sprint Corporation
Date Filed:April 22nd, 2019
Industry:Telecommunications Equipment

According to the Complaint, Sprint is a communications company offering a comprehensive range of wireless and wireline communications products and services that are designed to meet the needs of individual consumers, businesses, government subscribers and resellers.

The Complaint alleges that Sprint 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 FCC, Sprint admitted that its Form 10-Q disclosures were "incomplete" and that the reported net subscriber increase included those offered "free lines."

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First Identified Complaint

Erick Meneses, et al. v. Sprint Corporation, et al.

Date Filed:April 22nd, 2019
Class Period Start:January 31st, 2019
Class Period End:April 16th, 2019
First Identified Complaint Filings
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