Sonus Networks, Inc. ("Sonus" or the Company) is a cloud-based communications distributor that offers mobile network operation and Microsoft solutions.

According to the law firm press release, the lawsuit alleges that Sonus made false and/or misleading statements and/or failed to disclose that: (1) the Company would be unable to close certain orders in the first quarter of 2015; and (2) the Company was experiencing longer decision cycles from its customers. When the true details entered the market, the suit claims that investors suffered damages.

On September 21, 2015, the Court issued an Order appointing Lead Plaintiff and Lead Counsel.

On April 4, 2016, this case was transferred to the District of Massachusetts.

Lead Plaintiff filed an amended Complaint on May 4, 2016.

On June 6, 2017, the Court issued an Order granting Defendants' Motion to Dismiss. This case was closed.