NEW YORK--(BUSINESS WIRE)--
Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of QuinStreet, Inc. (QNST) resulting from allegations that QuinStreet may have issued materially misleading business information to the investing public.
On April 11, 2018, Kerrisdale Capital published a report asserting that QuinStreet’s revenue growth is a “sham” and mainly the result of “malware redirects [and] bogus leads from web surfers trying to score [online currency.]” On this news, shares of QuinStreet fell $2.18 per share or over 17% to close at $10.14 per share on April 11, 2018.
Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by QuinStreet investors. If you purchased shares of QuinStreet please visit the firm’s website at http://www.rosenlegal.com/cases-1318.html to join the class action. You may also contact Phillip Kim or Zachary Halper of Rosen Law Firm toll free at 866-767-3653 or via email at firstname.lastname@example.org or email@example.com.
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Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. The Rosen Law Firm was Ranked No. 1 by Institutional Shareholder Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013.
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