DENVER, Feb. 10, 2009 (GLOBE NEWSWIRE) -- Dyer & Berens LLP today announced that it has initiated an investigation on behalf of purchasers of Sprint Nextel Corporation ("Sprint" or the "Company") (NYSE:S) common stock between October 26, 2006 and February 27, 2008. Dyer & Berens LLP believes that these investors may have claims under the federal securities laws for losses associated with potential misrepresentations and/or omissions.
The investigation focuses on whether Sprint failed to maintain adequate reserves in violation of Generally Accepted Accounting Principles, whether the Company misrepresented its fiscal health to investors and whether it failed to timely disclose problems it was having integrating its networks.
If you have information relevant to the investigation, or if you believe you were harmed by the alleged conduct described above, you may contact Jeffrey A. Berens, Esq. at 1-888-300-3362, 303-861-1764 or via email at jeff@dyerberens.com.
Dyer & Berens LLP specializes in complex class action litigation on behalf of injured investors throughout the nation. The firm's extensive experience in securities litigation, particularly in cases brought under the Private Securities Litigation Reform Act, has contributed to the recovery of hundreds of millions of dollars for aggrieved investors. For more information about the firm, please go to www.DyerBerens.com.