BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith continues its investigation on behalf of Yelp, Inc. (“Yelp” or the “Company”) (NYSE: YELP) investors concerning the Company and its officers’ possible violations of federal securities laws.
On May 9, 2017, the Company announced its first quarter 2017 financial results and revised its FY 2017 guidance downward to reflect poor existing customer retention rates. On this news, Yelp’s stock price fell 20% over two trading sessions to close at $28.33 on May 10, 2017, thereby injuring investors.
If you purchased Yelp securities, 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 Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to firstname.lastname@example.org, or visit our website at www.howardsmithlaw.com.
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