Market Overview

The Shuman Law Firm Investigates Synchronoss Technologies, Inc.


Shuman Law Firm
announces that it is investigating potential
shareholder claims against certain officers and directors of Synchronoss
Technologies, Inc. ("Synchronoss" or the "Company") (OTC: SNCR).
Synchronoss primarily provides cloud solutions and software-based
activation for connected devices worldwide.

The Firm's investigation relates to the Company's announced restatement
of financial statements for as far back as 2013. The Company recently
filed its Annual Report on Form 10-K for 2017. This filing included a
breakdown of the Company's restated financial results which in aggregate
reduced Synchronoss' revenue by $190 million – or 8% – over this five
year period. Synchronoss cited failures in internal controls over
revenue recognition processes for causing the restatement. The Company's
stock price has fallen dramatically over the past two years from more
than $49 per share in November of 2016 to trading at approximately $4
today. This corresponds to a drop in market capitalization of more than
90% - or from approximately $2 billion to less than $170 million at

If you currently own Synchronoss common stock and are interested in
discussing your rights, or have information relating to this
investigation, please contact Kip B. Shuman or Rusty E. Glenn toll free
at (866) 569-4531 or email Mr. Shuman at
or Mr. Glenn at

The Shuman Law Firm represents investors throughout the nation,
concentrating its practice in stockholder litigation.

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