SONUS NETWORKS, INC. SHAREHOLDER ALERT: Kessler Topaz Meltzer & Check, LLP Announces Shareholder Class Action Against Sonus Networks, Inc. -- SONS

RADNOR, Pa., May 7, 2015 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP announces that a shareholder class action has been filed against Sonus Networks, Inc. SONS ("Sonus" or the "Company") on behalf of purchasers of the Company's common stock between October 23, 2014 through March 24, 2015, inclusive (the "Class Period").

For additional information about this lawsuit, or to request information about this action online, please visit http://www.ktmc.com/case/SonusNetworks.

Shareholders who wish to discuss this action and their legal options are encouraged to contact Kessler Topaz Meltzer & Check, LLP (Darren J. Check, Esq., D. Seamus Kaskela, Esq. or Adrienne O. Bell, Esq.) at (888) 299-7706 or at info@ktmc.com.

Sonus provides networked solutions for communications service providers and enterprises. The Company's products include session border controllers that address the network requirements for businesses and communications service providers, and open services switches for converting various types of voice signals into Internet protocol (IP) packets and transmitting those IP packets over a data network.

The complaint alleges that, throughout the Class Period, Sonus and certain of its executive officers made a series of false and misleading statements.  Specifically, the complaint alleges that the defendants 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.

On March 24, 2015, Sonus disclosed that it "no longer expects to receive certain orders ... that had been expected to be received at the back end of the first quarter," and that it was substantially lowering its first quarter and expected full-year 2015 financial guidance estimates.  On this news, shares of Sonus' common stock declined $4.46 per share, or nearly 34 percent, to close on March 24, 2015 at $8.70 per share.

If you wish to discuss this action or have any questions concerning this notice or your rights or interests with respect to these matters, please contact Kessler Topaz Meltzer & Check, LLP (Darren J. Check, Esq., D. Seamus Kaskela, Esq. or Adrienne O. Bell, Esq.) at (888) 299 - 7706 or (610) 667 - 7706, or via e-mail at info@ktmc.com.  The complaint in this action was not filed by Kessler Topaz Meltzer & Check.  For additional information about the lawsuit, or to request information about the action, please visit http://www.ktmc.com/case/SonusNetworks.

Members of the class may, no later than June 5, 2015, petition the Court for appointment as a lead plaintiff of the class.  A lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation.  In order to be appointed as a lead plaintiff, the Court must determine that the class member's claim is typical of the claims of other class members, and that the class member will adequately represent the class in the action.  Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.  Any member of the purported class may move the court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. 

Kessler Topaz Meltzer & Check prosecutes class actions in state and federal courts throughout the country.  Kessler Topaz Meltzer & Check is a driving force behind corporate governance reform, and has recovered billions of dollars on behalf of institutional and individual investors from the United States and around the world.  The firm represents investors, consumers and whistleblowers (private citizens who report fraudulent practices against the government and share in the recovery of government dollars).  For more information about Kessler Topaz Meltzer & Check, or for additional information about participating in this action, please visit www.ktmc.com.

CONTACT:
Kessler Topaz Meltzer & Check, LLP
Darren J. Check, Esq.
D. Seamus Kaskela, Esq.
Adrienne O. Bell, Esq.
280 King of Prussia Road
Radnor, PA 19087
(888) 299 - 7706
(610) 667 - 7706
info@ktmc.com

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/sonus-networks-inc-shareholder-alert-kessler-topaz-meltzer--check-llp-announces-shareholder-class-action-against-sonus-networks-inc----sons-300079816.html

SOURCE Kessler Topaz Meltzer & Check, LLP

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