BOCA RATON, Fla.--(BUSINESS WIRE)--Cogint, Inc. (NASDAQ: COGT), a leading provider of information and data-driven, performance marketing solutions, responded today to false statements and allegations by an anonymous short seller and blogger known as “Une Mon.”
“Today, our Company was subjected to an unscrupulous Internet blog by an anonymous, admitted short seller of the stock,” stated Derek Dubner, cogint’s CEO. “The blog contains numerous, recycled and fabricated inaccuracies and misstatements, solely, we believe, to serve the writer’s interest of making money from the stock’s decline. It is unfortunate that small companies must endure this self-serving, unethical, and perhaps illegal conduct. As we have demonstrated for the last several quarters, our company is financially stronger, our business is solid, and we have built differentiated and valuable technology, massive databases, and products and solutions. The Company and its management have not received any communications from the SEC or from any state, local, or federal law enforcement agency or any other regulatory body regarding the allegations in the blog. We remain focused on serving our customers and creating shareholder value.”
At cogint, we believe that time is your most valuable asset. Through powerful analytics, we transform data into intelligence, in a fast and efficient manner, so that our clients can spend their time on what matters most – running their organizations with confidence. Through leading-edge, proprietary technology and a massive data repository, our data and analytical solutions harness the power of data fusion, uncovering the relevance of disparate data points and converting them into comprehensive and insightful views of people, businesses, assets and their interrelationships. We empower clients across markets and industries to better execute all aspects of their business, from managing risk, conducting investigations, identifying fraud and abuse, and collecting debts, to identifying and acquiring new customers. At cogint, we are dedicated to making the world a safer place, to reducing the cost of doing business, and to enhancing the consumer experience.