Vonage, which first sold shares to the public for $17 each in May 2006, also faces suits from investors. They say the company's prospectus misrepresented or omitted information about its products and the experience of some managers.

said by TKJunkMail :

The IPO was for $17/sh and the shares are selling for $2.13/sh now. Those suits and the banks wanting their money on the loans could sink Vonage by mid year 2008.

said by supergirl :

If Vonage has only about $155 million in cash, how will they pay it and keep operations going at their ridiculous ad rate expenditures?