May 24, 2012
/PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential securities fraud at Nokia Corporation ("Nokia" or the "Company") (NYSE: NOK).
The investigation seeks to determine whether Nokia and certain of its officers' statements concerning the Company's conversion to a Windows platform violated federal securities laws. On
April 11, 2012
, Nokia disclosed that its first quarter performance would be worse than expected, while also disclosing a glitch in the newest Windows offering – the Lumia 900. Nokia was forced to offer its customers a
reimbursement, making the phone essentially free.
As a result of this disclosure, Nokia's share price dropped over 16% in a single day.
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If you purchased Nokia Corporation securities between
October 26, 2011
April 10, 2012
and would like to discuss your legal rights, visit
. You can also contact us by calling
toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to
. Faruqi & Faruqi, LLP also encourages anyone with information regarding Nokia's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
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). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential matter.FARUQI & FARUQI, LLP369 Lexington Avenue, 10th Floor
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Richard Gonnello, Esq.
Francis McConville, Esq.
Telephone: (877) 247-4292 or (212) 983-9330
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