On or around 06/19/2019 (Court's order of dismissal)
Filing Date: April 16, 2019
According to the Complaint, Fusion purports to be in the business of cloud communications, cloud connectivity, cloud infrastructure, cloud computing, and managed cloud-based applications solutions. Fusion purports to offer domestic and international voice services to telecommunications carriers worldwide.
The Complaint alleges that during the Class Period, Defendants made false and/or misleading statements in various financial statements which were filed with the Securities and Exchange Commission.
This case was voluntarily dismissed on June 13, 2019.
Company & Securities Information
Defendant: Fusion Connect, Inc.
Industry: Communications Services
Headquarters: United States
Ticker Symbol: FSNN
Company Market: NASDAQ
Market Status: Public (Listed)
About the Company & Securities Data
"Company" information provides the industry and sector classification and headquarters state for the primary company-defendant in the litigation. In general, "Securities" information provides the ticker symbol, market, and market status for the underlying securities at issue in the litigation.
In most cases, the primary company-defendant actually issued the securities that are the subject of the litigation, and the securities information and company information relate to the same entity. In a small subset of cases, however, the primary company-defendant is not the issuer (for example, cases against third party brokers/dealers), and the securities information and company information do not relate to the same entity.
First Identified Complaint
Cyrus Satarzadeh, et al. v. Fusion Connect, Inc., et al.