CLASS ACTION UPDATE for AQUA and RBBN: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders


NEW YORK, Nov. 25, 2018 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court and further details about the cases can be found at the links provided. There is no cost or obligation to you.

Evoqua Water Technologies Corp. (NYSE: AQUA)
Class Period:
November 6, 2017 - October 30, 2018
Lead Plaintiff Deadline: January 7, 2019
Join the action: https://www.zlk.com/pslra-1/evoqua-water-technologies-corp-loss-form?wire=3

Allegations: Evoqua Water Technologies Corp. made materially false and/or misleading statements and/or failed to disclose that: (1) Evoqua failed to successfully integrate its prior acquisitions; (2) Evoqua was experiencing supply chain disruptions influenced by tariffs and an extended delay on a large aquatics project; and (3) as a result, Evoqua’s public statements were materially false and misleading at all relevant times.

To learn more about the Evoqua Water Technologies Corp. class action contact jlevi@levikorsinsky.com.

Sonus Networks, Inc. (NASDAQ: SONS) now Ribbon Communications, Inc. (NASDAQ: RBBN)
Class Period:
January 8, 2015 - March 24, 2015
Lead Plaintiff Deadline: January 7, 2019
Join the action: https://www.zlk.com/pslra-1/sonus-networks-inc-loss-form?wire=3

Allegations: Sonus Networks, Inc. made materially false and/or misleading statements throughout the class period and/or failed to disclose that: (1) the Company would fall materially short of its $74 million revenue forecast; (2) defendants knew that unrealistic revenue and profitability forecasts remained aspirational and largely unreachable, a fact that senior sales personnel regularly communicated to Defendants; (3) a number of 2015 sales had been “pulled forward” to buoy sales numbers in Q4 2014, at management’s express direction, and (4) the “backlog” of sales expected to be recognized in early 2015 was significantly lower than usual.

To learn more about the Sonus Networks, Inc. class action contact jlevi@levikorsinsky.com.

You have until the lead plaintiff deadlines to request the court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com