Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Tangoe, Inc.

News provided by

Sep 12, 2012, 09:16 ET

NEW YORK, Sept. 12, 2012 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of the securities of Tangoe Inc. ("Tangoe" or the "Company") (NasdaqGS: TNGO), concerning potential violations of federal securities laws.

On September 6, 2012, Shares of Tangoe fell as much as 24 percent after a recent bearish report was released by Copperfield Research alleging that the telecommunications software company misrepresented facts about its growth rate and called for a probe by the U.S. Securities and Exchange Commission. "After doing a deep dive into Tangoe's financials, it is our belief that the company has significantly misrepresented its de novo growth rate, while demonstrating many of the telltale shenanigans and behavior that tends to be a harbinger for blow ups," Copperfield Research said.

If you are aware of any facts relating to this investigation, or purchased shares of Tangoe, you can assist this investigation by contacting either Peretz Bronstein or Eitan Kimelman of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484 or via email [email protected]. Those who inquire by e-mail are encouraged to include their mailing address and telephone number.

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration.

Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Eitan Kimelman, 212-697-6484
[email protected]

SOURCE Bronstein, Gewirtz & Grossman, LLC