NEW YORK--(BUSINESS WIRE)--Bragar Eagel & Squire, P.C. announces that a class action lawsuit has been filed in the U.S. District Court for the Northern District of California on behalf of all persons or entities who purchased or otherwise acquired QuinStreet, Inc. (NASDAQ: QNST) securities between February 10, 2016 and April 10, 2018 (the “Class Period”). Investors have until June 26, 2018 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
The complaint alleges that Defendants made false and/or misleading statements and/or failed to disclose that (i) QuinStreet recklessly disregarded the occurrence of click-through fraud; (ii) QuinStreet-owned websites experienced phony, low-quality traffic for its clients; (iii) the Company’s practices were not geared toward providing its clients with valuable customers or high-quality leads or clicks; (iv) the Company's fiscal 2018 financial guidance was overstated; and (v) as a result of the foregoing, QuinStreet’s public statements were materially false and misleading at all relevant times.
If you purchased or otherwise acquired QuinStreet securities during the Class Period or continue to hold shares purchased prior to the Class Period, 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 Brandon Walker or Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
Bragar Eagel & Squire, P.C. is a New York-based law firm concentrating in commercial and securities litigation. For additional information concerning the QuinStreet, Inc. lawsuit, please go to https://bespc.com/quinstreet/. For additional information about Bragar Eagel & Squire, P.C., please go to www.bespc.com.
