Pending Case

Sprint Corp.

NASDAQ: S

Block & Leviton LLP Announces It Has Filed A Securities Class Action Against Sprint

Contact us to learn more about this lawsuit.

Block & Leviton LLP (www.blockesq.com), a Boston based securities litigation firm representing investors nationwide, has filed a securities fraud class action against Sprint Corporation (“Sprint” or the “Company”) (NYSE: S) and certain of its officers alleging violations of the federal securities laws.

The lawsuit stems from Sprint’s recent revelation that information it provided to investors about its number of postpaid line additions, a closely watched metric, was materially incomplete, in that it failed to admit that many of the additions came from free phone/tablet promotions, not from new Sprint customers. Sprint admitted on April 15, 2019 that its prior public statements were “incomplete,” and “[not] a substitute for a realistic analysis of the key factors that are most probative of Sprint’s overall competitive position and prospects.”

If you purchased Sprint shares between January 31, 2019 and April 16, 2019 (the “Class Period”) and wish to serve as a lead plaintiff, you must move the Court no later than June 21, 2019. As a member of the class, you may seek to file a motion to serve as a lead plaintiff or take no action and remain an absent class member. If you wish to become involved in the litigation or have questions about your legal rights, you are encouraged to contact Block & Leviton LLP at (617) 398-5660, by email at info@blockesq.com, or by visiting http://shareholder.law/sprint.

The complaint in this case was filed in the United States District Court, Southern District of New York (Manhattan), located at 500 Pearl Street, New York, New York, 10007, and is captioned Meneses v. Sprint Corporation et al., No. 1:19-cv-03549. A judge has not yet been assigned to the case.

Block & Leviton LLP was recently ranked 4th among securities litigation firms by ISS for recoveries in 2017. The firm represents many of the nation's largest institutional investors and numerous individual investors in securities litigation throughout the country. Indeed, its lawyers have recovered billions of dollars for its clients.

Contact us to learn more about this lawsuit.

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