Nokia Faces Class-Action Suit Over Windows Phone Deal

Posted by Soulskill on Friday May 4, 2012 @02:57AM from the barn-doors-and-horses dept.

nk497 writes "Nokia has been hit with a class-action suit, with the claimant accusing the company of making 'false and misleading' statements about the ability of its deal with Microsoft to revive the struggling mobile maker. 'The complaint alleges that during the Class Period, defendants told investors that Nokia's conversion to a Windows platform would halt its deteriorating position in the smartphone market,' read a statement (PDF) from the law firm Robbins Geller Rudman and Dowd. 'It did not.'"

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Hahahahaha by GameboyRMH · 2012-05-04 03:00 · Score: 4, Funny

Whose platform is burning now, E-flop?

--
"When information is power, privacy is freedom" - Jah-Wren Ryel
Re:Stocks by oh_my_080980980 · 2012-05-04 03:13 · Score: 2, Funny

You know nothing about investing do you. That or you work for Goldman Sachs and love selling shit investments to your clients.