The Rosen Law Firm has filed a securities class against Synchronoss and certain of its officers.

On June 10, 2008, the Company announced that Synchronoss will not participate in the on-site, retail store activations associated with the 3G iPhone and acknowledged that it had been aware of this material development since at least May 2008 when the Company had issued revised financial guidance.

As a result of this adverse disclosure, Synchronoss' stock price dropped substantially damaging investors.