March 29, 2021 - The court granted the defendants' motion to dismiss. The case was dismissed.

May 1, 2020 - A motion to dismiss the second amended consolidated complaint was filed.

January 8, 2020 - A second amended consolidated complaint was filed.

October 30, 2019 - An amended consolidated complaint was filed.

April 19, 2019 - An investor in shares of Nokia Corporation (NYSE: NOK) filed a lawsuit in the U.S. District Court for the Southern District of New York over alleged violations of Federal Securities Laws by Nokia Corporation in connection with certain allegedly false and misleading statements made between October 25, 2018 and March 21, 2019.

Finland based Nokia Corporation engages in the network and technology businesses worldwide.

On March 22, 2019, Nokia Corporation (NYSE: NOK) reported it was looking into transactions at Alcatel-Lucent which it acquired in 2016. In a filing to the U.S. Securities and Exchange Commission, Nokia Corporation stated that the resolution of this matter could result in potential criminal or civil penalties, including the possibility of monetary fines, which could have a material adverse effect on our business, brand, reputation or financial position .

According to the complaint the plaintiff alleges on behalf of purchasers of Nokia Corporation (NYSE: NOK) common shares between October 25, 2018 and March 21, 2019, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between October 25, 2018 and March 21, 2019, the defendants failed to disclose to investors that Alcatel-Lucent had certain compliance issues, that, as a result, the Company would be subject to regulatory scrutiny, that, as a result, the Company was reasonably likely to face penalties and fines, and that that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis