ADVFN - Advanced Financial Network.
HOME» NYSE » N » NOK Stock Price » NOK Stock News

Nokia Share News

 Nokia Corp. Stock Price
NOK Stock Price
 Nokia Corp. Stock Chart
NOK Stock Chart
 Nokia Corp. Stock News
NOK Stock News
 Nokia Corp. Company Information
NOK Company Information
 Nokia Corp. Stock Trades
NOK Stock Trades

Nokia To Defend Itself Against US Class Action Suit

DOW JONES NEWSWIRES Finnish handset maker Nokia Corp. (NOK) Friday said it will defend itself against a class action suit brought against the company in the United States. The class action was filed by U.S.-based law firm Robbins Geller Rudman & Dowd LLP on Thursday, at the Southern District Court of New York. In a statement, Robbins Geller said Nokia has misled investors by claiming that its transition to using Microsoft Corp.'s (MSFT) Windows Phone operating systems for its smartphones would halt the company's deteriorating position in the smartphone market. "It did not. This became apparent on April 11, 2012, when Nokia disclosed that its first-quarter performance would be worse than expected," Robbins Geller said in the statement. Nokia said its reviewing the suit, adding however that it believes that the allegations "are without merit" and that it will defend itself against the complaint. Robbins Geller said it seeks to recover damages on behalf of all purchasers of Nokia's shares. At 1416 GMT shares in Nokia traded 9.8% lower at EUR2.41. -By Sven Grundberg; Dow Jones Newswires; +46-702 88 36 39; [email protected]

Stock News for Nokia (NOK)
DateTimeHeadline
01/16/201723:30:00Ericsson and Cisco to Overhaul Network of Vodafone Hutchison...
01/16/201704:29:00Ericsson-Cisco Partnership Gets Vodafone Hutchison Australia...
01/10/201701:08:13China Mobile Selects Nuage Networks Software Defined Networking...
01/05/201710:03:06Nokia OZO Partners with Youku to Create and Distribute 3D 360...
01/05/201701:37:02Exercises with stock options of Nokia Corporation
01/04/201715:02:49Nokia and T-Mobile achieve ground-breaking LTE speeds near 1...
01/03/201706:45:00Intel Seeks Approval to Buy Stake in HERE
12/27/201608:03:00Three Asian Investors to Buy 10% Stake in Digital Map Maker HERE
12/23/201603:03:00Nokia, Apple Face Off Over Patents -- WSJ
12/22/201613:14:00Nokia Files More Patent Complaints Against Apple--Update
12/22/201612:42:00Nokia Files More Patent Complaints Against Apple
12/22/201611:38:48Nokia expands patent litigation against Apple in Asia, Europe...
12/22/201605:04:05Nokia, Vodafone and Telit collaborate to expand the IoT ecosystem...
12/21/201618:56:00Nokia and Apple File Competing Lawsuits Over Patents -- 3rd Update
12/21/201617:08:00Nokia Sues Apple Alleging Patent Infringement--2nd Update
12/21/201615:58:00Nokia Sues Apple Alleging Patent Infringement--Update
12/21/201614:50:00Nokia Sues Apple Alleging Patent Infringement
12/21/201613:13:55Nokia sues Apple in Europe and the US for infringement of Nokia...
12/15/201612:32:39Nokia announces its 2016 Bell Labs Prize winners
12/15/201611:32:53Settlement of the litigation relating to Nokia's public buy-out...

Nokia and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2016 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US