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NOK DEADLINE: Pawar Law Group Reminds Investors of Deadline in Securities Class Action Lawsuit Against Nokia Corporation – NOK

May 22, 2019

NEW YORK, May 22, 2019 (GLOBE NEWSWIRE) -- Pawar Law Group announces that a class action lawsuit has been filed on behalf of shareholders who purchased shares of Nokia Corporation (NYSE: NOK) from April 15, 2015 through March 21, 2019, inclusive (the “Class Period”). The lawsuit seeks to recover damages for Nokia investors under the federal securities laws. The firm reminds investors of the June 18, 2019 lead plaintiff deadline in the case.

To join the Nokia class action, go to http://pawarlawgroup.com/cases/nokia-corporation/ or call Vik Pawar, Esq. or toll-free at 888-589-9804 or email info@pawarlawgroup.com for information on the class action.

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Alcatel-Lucent S.A. (“Alcatel”), a French global telecommunications equipment company acquired by Nokia in November 2016, maintained insufficient internal controls and was materially non-compliant in its business practices; (2) Nokia had failed to conduct adequate due diligence into Alcatel prior to its acquisition; (3) subsequent to the completion of Nokia’s acquisition of Alcatel, the Company maintained insufficient internal controls over the integration of Alcatel’s businesses; (4) as a result of the foregoing, at all relevant times, Nokia was at risk of serious criminal and civil penalties; and (5) as a result, Nokia’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 18, 2019. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://pawarlawgroup.com/cases/nokia-corporation/ or to discuss your rights or interests regarding this class action, please contact Vik Pawar, Esq. of Pawar Law Group toll free at 888-589-9804 or via e-mail at info@pawarlawgroup.com.

No class has been certified. Until a class is certified, you are not represented by counsel unless you hire one. You may hire counsel of your choice. You may also do nothing at this time and be an absent member of the class. Your ability to share in any future recovery is not dependent upon being a lead plaintiff.

Pawar Law Group represents investors from around the world. -------------------------------

Contact:Vik Pawar, Esq.Pawar Law Group20 Vesey Street, Suite 1210New York, NY 10007Tel: (917) 261-2277Fax: (212) 571-0938info@pawarlawgroup.com

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