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Synchronoss Tech Escapes Shareholder Action Over Unit Sale

By Jeannie O'Sullivan ( June 12, 2020, 4:26 PM EDT) -- A New Jersey federal judge on Friday tossed a derivative lawsuit brought by Synchronoss Technologies Inc. shareholders alleging the company's board members misrepresented the value of a divestiture, reasoning the regulatory filings at issue were only signed by chief executive officers and not by all of the company's directors. . . .

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