An investigation on behalf of current long term investors in QuinStreet, Inc. (NASDAQ: QNST) shares over possible breaches of fiduciary duty by certain officers and directors was announced.
San Diego, CA -- (SBWIRE) -- 07/03/2018 -- An investigation was announced for investors in shares of QuinStreet, Inc. (NASDAQ: QNST) concerning potential breaches of fiduciary duties by certain directors and officers of QuinStreet, Inc..
Investors who are current long term investors in QuinStreet, Inc. (NASDAQ: QNST) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for investors in NASDAQ: QNST stocks follows a lawsuit filed against QuinStreet, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: QNST stocks, concerns whether certain QuinStreet, directors are liable in connection with the allegations made in that lawsuit.
The plaintiff alleges that the defendants made false and/or misleading statements and/or failed to disclose that QuinStreet recklessly disregarded the occurrence of click-through fraud, that QuinStreet-owned websites experienced phony, low quality traffic for its clients, that QuinStreet's practices were not geared toward providing its clients with valuable customers or high-quality leads or clicks, and that as a result, Defendants' public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
Those who purchased shares of QuinStreet, Inc. (NASDAQ: QNST) 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