NEW YORK--(BUSINESS WIRE)--Bragar Eagel & Squire, P.C., a nationally recognized shareholder law firm, is investigating potential claims against Fluent, Inc. (NASDAQ: FLNT) on behalf of Fluent stockholders. Our investigation concerns whether Fluent has violated the federal securities laws and/or engaged in other unlawful business practices.
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On November 11, 2019, Fluent reported third quarter 2019 revenue of only $64.6 million, a 3% decrease since last year, due to “a confluence of factors, including certain uncollectible receivables, ebbs with several business partners and organizational re-alignment.”
On this news, the Company’s stock price fell $0.925 per share, or nearly 37%, on November 12.
If you purchased or otherwise acquired Fluent shares and suffered a loss, 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 firstname.lastname@example.org, or telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
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Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York and California. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.