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Class Action Suit against TNS Alleges Failure to Disclose Information

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At a glance:

A class action suit has been filed in Virginia on behalf of investors who purchased shares of TNS in September, 2005.
 
The complaint concerns an alleged failure to disclose information relevant to the company's continuing operations and that revenues were declining for several undisclosed reasons such as contract delays and unfavorable currency exchange rates.
 
The stock fell sharply in October and again in February 2006, when these issues were revealed in the course of earnings reports.

Lerach Coughlin Stoia Geller Rudman & Robbins LLP Files Class ... -

Finanzen.net - 4/4/2006 6:42 PM

A class action suit has been filed in Virginia on behalf of investors who purchased shares of TNS in September, 2005.
 
The complaint concerns an alleged failure to disclose information relevant to the company's continuing operations and that revenues were declining for several undisclosed reasons such as contract delays and unfavorable currency exchange rates.
 
The stock fell sharply in October and again in February 2006, when these issues were revealed in the course of e
 
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