The Law Offices of Vincent Wong Reminds Investors of an Investigation of Bankrate, Inc. in Connection with the Sale of the Company to Red Ventures Holdco, LP

NEW YORK--()--The Law Offices of Vincent Wong are investigating the Board of Directors of Bankrate, Inc. (NYSE:RATE) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Red Ventures Holdco, LP. Under the terms of the deal, Bankrate shareholders will receive $14.00 in cash for each share of Bankrate they own.

The investigation concerns whether the Bankrate Board of Directors breached their fiduciary duties to Bankrate stockholders by failing to adequately shop the Company before entering into this transaction and whether Red Ventures is underpaying for Bankrate shares, thus unlawfully harming Bankrate stockholders.

If you own common stock in Bankrate and wish to obtain additional information, please contact Vincent Wong, Esq. either via email vw@wongesq.com, by telephone at 212.425.1140, or http://docs.wongesq.com/RATE-Info-Request-Form-1653.

Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.

Contacts

Law Offices of Vincent Wong
Vincent Wong, Esq., 212-425-1140
Fax. 866-699-3880
vw@wongesq.com

Release Summary

The Law Offices of Vincent Wong reminds investors it is investigating the Board of Directors of Bankrate, Inc.

Contacts

Law Offices of Vincent Wong
Vincent Wong, Esq., 212-425-1140
Fax. 866-699-3880
vw@wongesq.com