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SYNCHRONOSS TECHNOLOGIES, INC. (Form: 8-K)  

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

     
Date of Report (Date of Earliest Event Reported):   April 9, 2010

SYNCHRONOSS TECHNOLOGIES, INC.
__________________________________________
(Exact name of registrant as specified in its charter)

     
Delaware 000-52049 06-1594540
_____________________
(State or other jurisdiction 		_____________
(Commission 		______________
(I.R.S. Employer
of incorporation) File Number) Identification No.)
      
750 Route 202 South, Suite 600, Bridgewater, New Jersey   08807
_________________________________
(Address of principal executive offices) 		  ___________
(Zip Code)
     
Registrant’s telephone number, including area code:   (866) 620-3940

Not Applicable
______________________________________________
Former name or former address, if changed since last report

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

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Item 8.01 Other Events.

On April 9, 2010, Synchronoss Technologies, Inc. issued a press release that the U.S. District Court for the District of New Jersey granted Synchronoss’ motion to dismiss the purported consolidated securities class action complaint filed against Synchronoss and certain of its officers.





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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

         
    SYNCHRONOSS TECHNOLOGIES, INC.
          
April 12, 2010   By:   /s/ Stephen G. Waldis
       
        Name: Stephen G. Waldis
        Title: Chairman of the Board of Directors, President and Chief Executive Officer

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Exhibit Index


     
Exhibit No.   Description
 
99.1
  Press release dated April 9, 2010
EX-99.1

750 Route 202 South, Suite 600, Bridgewater, NJ 08807

Synchronoss Technologies Motion to Dismiss
Granted in Securities Class Action

PRESS RELEASE:

BRIDGEWATER, NJ – April 9, 2010 – Synchronoss Technologies, Inc. (NASDAQ: SNCR), the leading global provider of on-demand transaction management software platforms, today announced that the U.S. District Court for the District of New Jersey has granted Synchronoss’ motion to dismiss the purported consolidated securities class action complaint filed against Synchronoss and certain of its officers. The lawsuit had alleged violations of the Securities Exchange Act of 1934 primarily based on statements concerning the Company’s financial and business prospects. In its Order dated April 7, 2010, the Court dismissed, without prejudice, all claims against all defendants.

“Unfortunately, many public companies are too often faced with lawsuits that have no factual or legal merit, driven by certain individuals looking to profit at shareholders’ expense,” said Stephen G. Waldis, Chief Executive Officer and President, Synchronoss Technologies, Inc.

“We are gratified with the court’s decision to dismiss this case at the outset, as it should never have been brought in the first place,” said Jordan Hershman of Bingham McCutchen, lead counsel for Synchronoss.

About Synchronoss Technologies, Inc.
Synchronoss Technologies (NASDAQ: SNCR) is the leading global provider of on-demand transaction management technology.  Synchronoss’ software platforms automate subscriber activation, order management and service provisioning for all connected-devices, across any communication service, from any channel. The company’s ConvergenceNow®, ConvergenceNow® Plus+™ and InterconnectNow™ technology platforms automate a wide variety of transactions across multiple delivery channels and networks, enabling telecommunication service providers, cable operators, retailers/ e-tailers and OEMs to accelerate and monetize their go-to-market with connected-devices while addressing back-office fragmentation, and delivering an improved customer experience at lower costs. For the latest insight and perspective on connected devices, visit our blog at blog.synchronoss.com and Web site at www.synchronoss.com.

The Synchronoss logo, Synchronoss, ConvergenceNow, InterConnectNow and ConvergenceNow Plus+ are trademarks of Synchronoss Technologies, Inc. All other trademarks are property of their respective owners.

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Source: Synchronoss Technologies, Inc.
Contact:
Synchronoss Technologies, Inc.
Media:
Stacie Hiras, 908-547-1260
Stacie.hiras@synchronoss.com

Investor:
Tim Dolan, 617-956-6727
investor@synchronoss.com