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Nokia - www.yourcommunicationnews.com

Nokia's comment on class action complaint

Monday, Feb 08, 2010

Nokia has become aware of the filing of a class action complaint against Nokia on February 5, 2010 in the US District Court for the Southern District of New York alleging securities fraud in connection with statements made by Nokia between January 24, 2008 and September 5, 2008 regarding the production and sales of certain of its mobile devices. 

 

Nokia has reviewed the allegations contained in the complaint and believes that they are without merit.  Nokia intends to defend itself against the complaint vigorously.

 

About Nokia

Nokia is a pioneer in mobile telecommunications and the world's leading maker of mobile devices. Today, we are connecting people in new and different ways - fusing advanced mobile technology with personalized services to enable people to stay close to what matters to them. We also provide comprehensive digital map information through NAVTEQ; and equipment, solutions and services for communications networks through Nokia Siemens Networks.

Source: Nokia

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