Legal Eagles Eye Vonage

Vonage (VG Quote) could find itself facing class-action lawsuits after last week's botched initial public offering, according to securities lawyers.

The lawyers point to glitches in the company's $531 million IPO, as well as Vonage's apparent decision to allow some customers to cancel their purchases.

In response to customer complaints, Vonage said in a statement to CNBC Tuesday that it would make whole customers who bought the IPO. The statement didn't make clear what the terms of any offer might be or how many buyers might be involved.

Vonage, which had sought to garner support for its stock by allotting some 15% of the IPO shares to customers, didn't respond to requests for additional information. ...