Federal Securities Class Action Lawsuit Filed Against Fusion Connect, Inc. (FSNN)

A federal securities class action lawsuit has been filed on behalf of investors against cloud computing company Fusion Connect, Inc. (FSNN). If you are an investor and have suffered a loss with this company, you may be able to recover some of your losses. Investors who purchased shares of Fusion Connect between August 14, 2018 and April 2, 2019 may be eligible to participate in the lawsuit. Those who have losses from investing in the company can request to be the lead plaintiff no later than June 17, 2019. The complaint for the class action lawsuit alleges that Fusion Connect, Inc. made false or misleading statements and/or failed to disclose important information. The complaint states that the Fusion overstated its earnings for the third quarter of 2018 because of the way its Birch Communications Holdings, Inc subsidiaries capitalized costs. On April 2, 2019, the company disclosed that accounting errors related to its acquisition of Birch Communications Holdings, and said that…

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