Tangoe Inc fka TNGO

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lucky, mydog Grandfathered

09/10/20 4:24 PM

Post #24

Re: #23: @lucky, mydog - SEC Charges Telecommunications Expense Management Company with Accounting Fraud

https://www.sec.gov/litigation/litreleases/2020/lr24893.htm

lucky, mydog Grandfathered

09/05/18 9:39 AM

Post #23

Re: #22: @wiltonio - GARDNER LEWIS ASSET MANAGEMENT L P has filed

SEC Charges Telecommunications Expense Management Company with Accounting Fraud
Litigation Release No. 24255/ September 4, 2018
Securities and Exchange Commission v. Tangoe, Inc. et. al., Civi, Case No. 3:18-cv-01479 (D.CT) filed September 4, 2018
The Securities and Exchange Commission today charged a telecommunications expense management company for its use of fraudulent accounting practices that artificially boosted company revenues between 2013 and 2015. Four former members of the company's senior management team were also charged for their roles in the alleged misconduct.

As alleged in the complaint, Tangoe, Inc., formerly a public company headquartered in Connecticut, improperly recognized approximately $40 million of revenue out of the total of $566 million reported between 2013 and 2015. In some instances, Tangoe allegedly reported revenue prematurely for work that had not been performed, including service pre-payments, and for transactions that did not produce any revenue at all. The SEC alleges that Donald J. Farias, a Tangoe executive, falsified business records, some of which were provided to Tangoe's external auditors to support revenue recognition decisions.

The SEC's complaint, filed in federal court in Connecticut, charges Tangoe, its former CEO Albert R. Subbloie, former CFO Gary R. Martino, former Vice President of Finance Thomas H. Beach, and former Senior Vice President of Expense Management Operations Donald J. Farias. Each is charged with violating provisions of the federal securities laws. Tangoe, Subbloie, Martino, and Beach have agreed to settle the SEC's charges without admitting or denying the allegations, and to pay civil penalties in the amount of $1.5 million, $100,000, $50,000, and $20,000, respectively. The settlement is subject to court approval.

The SEC's case is being handled by Xinyue Angela Lin, Deena R. Bernstein, Trevor Donelan, and Paul G. Block of the Boston Regional Office.

https://www.sec.gov/litigation/litreleases/2018/lr24255.htm

wiltonio

06/12/17 11:14 AM

Post #22

GARDNER LEWIS ASSET MANAGEMENT L P has filed a new activist 13D, reporting 7.3% ownership in $TNGO - https://fintel.io/so/us/tngo and https://fintel.io/i/gardner-lewis-asset-management-l-p

iidris

04/28/17 9:02 AM

Post #21

Re: #20: @wiltonio - Man Group plc has filed a new 13G,

$TNGO

To be acquired by Marlin.

GLTA

$TNGO

wiltonio

04/25/17 4:15 PM

Post #20

Man Group plc has filed a new 13G, reporting 5.06% ownership in $TNGO - https://fintel.io/so/us/tngo

Renee

03/14/17 8:12 PM

Post #19

TNGO delisted from the Nasdaq to the OTC:

http://otce.finra.org/DLAdditions

///M3

11/12/14 7:44 PM

Post #18

Since shard sell off due to slight miss in earning TNGO been in nice reversal putting in higher highs and higher lows

///M3

11/12/14 2:14 PM

Post #17

TNGO moving up again

///M3

11/11/14 1:05 PM

Post #16

Boom!

///M3

11/06/14 11:19 AM

Post #15

Bouncing back nicely

///M3

11/06/14 9:55 AM

Post #14

Back in on today

///M3

08/15/14 10:37 AM

Post #13

Ripping!

///M3

08/11/14 10:53 AM

Post #12

No one else in on this one ?

///M3

08/04/14 12:23 PM

Post #11

Get in before earnings

///M3

07/30/14 12:17 PM

Post #10

Looking good today

///M3

07/20/14 9:46 AM

Post #9

Re: #8: @boo boo - Nice report. Strong revenue growth. Nobody here to

I'm looking to jump into the sandbox just started looking into this one

boo boo

08/24/13 7:47 AM

Post #8

Nice report. Strong revenue growth. Nobody here to muck she it up. Will play in this sandbox.

JohnCM

12/16/12 1:35 PM

Post #7

Tangoe Retains $28 Price Target and 1 Stock Analysis to Eye
By Leah Powell
October 19, 2012
Tangoe Inc NASDAQ:TNGO

According to Deutsche Bank, Tangoe’s first user conference confirmed that there is strength in the company’s business. The firm believes that the recent pullback in the company’s shares creates a buying opportunity, and it maintains its Buy rating and a $28 price target on the stock.

Tangoe (TNGO) is a leading global provider of communications lifecycle management (CLM) software and services to a wide range of global enterprises, including large and medium-sized businesses and other organizations. CLM encompasses the entire lifecycle of an enterprise's communications assets and services, including planning and sourcing, procurement and provisioning, inventory and usage management, mobile device management, invoice processing, expense allocation and accounting and asset decommissioning and disposal. Tangoe's communications management platform is an on-demand suite of software designed to manage and optimize the complex processes and expenses associated with this lifecycle for both fixed and mobile communications assets and services. Tangoe's customers can also manage their communications assets and services by engaging Tangoe's client service group.

Insider sells

Gary Golding sold 137,148 shares on August 20-22. Gary Golding serves as a director of the company.
Richard Pontin sold 71,300 shares on August 20-21. Richard Pontin serves as a director of the company.
Jackie Kimzey sold 36,910 shares on August 20. Jackie Kimzey serves as a director of the company.
Charles Gamble sold 6,000 shares on August 21-22. Charles Gamble is a founder and Senior Vice President of Customer Account Management.
Financials

The company reported the second-quarter financial results on August 8 with the following highlights:

Revenue $36.3 million
Net income $0.3 million
Cash $78.4 million

Outlook

As of August 8, 2012, Tangoe is providing guidance for its third quarter and raising its full year 2012 guidance both including and excluding the expected positive financial impact from the acquisition of Symphony Teleca's TEM Business:

Third Quarter 2012 Guidance: Total revenue is expected to be in the range of $39.2 million to $39.7 million. Adjusted EBITDA is expected to be in the range of $5.6 million to $5.8 million. Non-GAAP net income per share is expected to be approximately $0.12 based on approximately 41.4 million weighted-average diluted shares outstanding.
Full Year 2012 Guidance: Total revenue is expected to be in the range of $151.0 million to $152.5 million. Adjusted EBITDA is expected to be in the range of $22.0 million to $22.4 million. Non-GAAP net income per share is expected to be in the range of $0.45 to $0.46 based on approximately 40.5 million weighted-average diluted shares outstanding.

"The stock has a bearish price objective of $15 from the Point and Figure chart. The stock is trading at a forward P/E of 32.02. The stock has seen steady insider selling since August 2011. I believe there is an opportunity for a short entry with a target at $15 and a stop loss at $23."

913474

09/08/11 2:34 PM

Post #6

good day. buy / overweight rating helped

913474

08/24/11 4:52 PM

Post #5

Re: #4: @Kev2128 - This is a Technology Software & Programming company!

looks like you've been talking to yourself here lately! you own shares of TNGO?

Kev2128

08/20/11 4:15 PM

Post #4

This is a Technology Software & Programming company!

Kev2128

08/20/11 4:15 PM

Post #3

Shares Outstanding 31.4 M

Kev2128

08/20/11 4:14 PM

Post #2

Anyone have information here?

Kev2128

08/20/11 4:14 PM

Post #1

Located in ORANGE, CT

Tangoe Inc fka TNGO

Followers	1	Posters	9
Posts (Today)	0	Posts (Total)	24
Created	08/13/11	Type	Free
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Tangoe, Inc. is a global provider of on-demand communications lifecycle management (CLM), software and related services to a range of enterprises, including large and medium-sized businesses, and other organizations. The Company's on-demand Communications Management Platform is a suite of software designed to manage and optimize the complex processes and expenses associated with this lifecycle for both fixed and mobile communications assets and services. Its customers can also engage the Company through its client services group to manage their communications assets and services using its Communications Management Platform.

Headquarters:35 Executive Blvd ORANGE, CT 06477
Web Addresshttp://www.tangoe.com/

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Tangoe Inc fka TNGO

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