Faruqi & Faruqi, LLP Encourages Investors Who Suffered Substantial Losses Investing in Nokia Corporation to Contact the Firm

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May 24, 2012, 06:36 ET

NEW YORK, May 24, 2012 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential securities fraud at Nokia Corporation ("Nokia" or the "Company") (NYSE: NOK).

(Logo: http://photos.prnewswire.com/prnh/20120119/MM38856LOGO)

The investigation seeks to determine whether Nokia and certain of its officers' statements concerning the Company's conversion to a Windows platform violated federal securities laws. On April 11, 2012, Nokia disclosed that its first quarter performance would be worse than expected, while also disclosing a glitch in the newest Windows offering – the Lumia 900. Nokia was forced to offer its customers a $100 reimbursement, making the phone essentially free.

As a result of this disclosure, Nokia's share price dropped over 16% in a single day.

Request more information now by clicking here: www.faruqilaw.com/NOK

Take Action

If you purchased Nokia Corporation securities between October 26, 2011 and April 10, 2012 and would like to discuss your legal rights, visit www.faruqilaw.com/NOK. You can also contact us by calling Richard Gonnello or Francis McConville toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to [email protected] or [email protected]. Faruqi & Faruqi, LLP also encourages anyone with information regarding Nokia's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential matter.

FARUQI & FARUQI, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Richard Gonnello, Esq.
[email protected]
Francis McConville, Esq.
[email protected]
Telephone: (877) 247-4292 or (212) 983-9330

SOURCE Faruqi & Faruqi, LLP