Cases
QuinStreet (QNST)
Securities Class Action
Overview
Overview
- Date:
- 6/18/2018
- Company Name:
- QuinStreet, Inc.
- Stock Symbol:
- QNST
- Class Period:
- FROM 2/10/2016 TO 4/10/2018
- Status:
- Closed/Complete
- Court:
- U.S. District Court: Northern California
NEW YORK, June 18, 2018 – Bragar Eagel & Squire, P.C. reminds investors that a class action lawsuit has been filed in the U.S. District Court for the Northern District of California on behalf of all persons or entities who purchased or otherwise acquired QuinStreet, Inc. (NASDAQ: QNST) securities between February 10, 2016 and April 10, 2018 (the “Class Period”). Investors have until June 26, 2018 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
The complaint alleges that Defendants made false and/or misleading statements and/or failed to disclose that (i) QuinStreet recklessly disregarded the occurrence of click-through fraud; (ii) QuinStreet-owned websites experienced phony, low-quality traffic for its clients; (iii) the Company’s practices were not geared toward providing its clients with valuable customers or high-quality leads or clicks; (iv) the Company's fiscal 2018 financial guidance was overstated; and (v) as a result of the foregoing, QuinStreet's public statements were materially false and misleading at all relevant times.
If you purchased or otherwise acquired QuinStreet securities during the Class Period or continue to hold shares purchased prior to the Class Period, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.
The complaint alleges that Defendants made false and/or misleading statements and/or failed to disclose that (i) QuinStreet recklessly disregarded the occurrence of click-through fraud; (ii) QuinStreet-owned websites experienced phony, low-quality traffic for its clients; (iii) the Company’s practices were not geared toward providing its clients with valuable customers or high-quality leads or clicks; (iv) the Company's fiscal 2018 financial guidance was overstated; and (v) as a result of the foregoing, QuinStreet's public statements were materially false and misleading at all relevant times.
If you purchased or otherwise acquired QuinStreet securities during the Class Period or continue to hold shares purchased prior to the Class Period, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.