ATLANTA, Jan. 12, 2009 (GLOBE NEWSWIRE) -- Holzer Holzer & Fistel, LLC is investigating possible violations of federal securities law by Sprint Nextel Corporation ("Sprint" or the "Company") (NYSE:S). The investigation focuses on, among other things, whether Sprint failed to maintain adequate reserves in violation of GAAP, whether the Company misrepresented its fiscal health to investors, and whether it failed to disclose problems it was having integrating its networks.
Shareholders who purchased Sprint common stock between October 26, 2006 and February 27, 2008 with questions concerning their legal rights are encouraged to contact Holzer Holzer & Fistel, LLC and its attorneys Michael I. Fistel Jr., Esq. or Marshall P. Dees, Esq. via email at mfistel@holzerlaw.com, or mdees@holzerlaw.com, or via toll-free telephone at (888) 508-6832.
Holzer Holzer & Fistel, LLC is an Atlanta, Georgia law firm that dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. More information about the firm is available through its website, www.holzerlaw.com and upon request from the firm. Holzer Holzer & Fistel, LLC has paid for the dissemination of this promotional communication, and Michael I. Fistel, Jr. is the attorney responsible for its content.