San Diego, CA -- (SBWire) -- 06/14/2017 --An investigation was announced on behalf of investors of Cogint, Inc. (NASDAQ:COGT) shares concerning potential securities laws violations by Cogint, Inc. in connection with certain financial statements.
Investors who purchased shares of Cogint, Inc. (NASDAQ:COGT), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.
The investigation by a law firm focuses on whether a series of statements by Cogint, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On June 5, 2017 a report was published alleging that a number of the data analysis Cogint's insiders were under investigation for securities fraud. More specifically, the article claimed that several Cogint insiders, including Chairman Michael Brauser, are facing multiple investigations by the Securities and Exchange Commission ("SEC") and the Department of Justice ("DOJ") regarding potentially illegal stock promotions. The same day Cogint, Inc. responded to the article and denied the allegations. Shares of Cogint, Inc. (NASDAQ:COGT) declined to as low as $4.00 per share on June 8, 2017.
Those who purchased shares of Cogint, Inc. have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
Cogint, Inc. (NASDAQ:COGT) Shareholder Notice: Investigation Announced
An investigation for investors in Cogint, Inc. (NASDAQ:COGT) shares over potential securities laws violations by Cogint, Inc. was announced and NASDAQ:COGT stockholders should contact the Shareholders Foundation.