On or around 04/30/2018 (Ongoing date of last review)
Filing Date: April 27, 2018
According to the Complaint, QuinStreet, Inc. ("QuinStreet") is an internet performance marketing and media company that provides customer acquisition services.
The Complaint alleges that Defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) QuinStreet recklessly disregarded the occurrence of click-through fraud; (2) QuinStreet-owned websites experienced phony, low quality traffic for its clients; (3) QuinStreet’s practices were not geared toward providing its clients with valuable customers or high-quality leads or clicks; and (4) as a result, Defendants’ public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
Company & Securities Information
Defendant: QuinStreet, Inc.
Industry: Business Services
Headquarters: United States
Ticker Symbol: QNST
Company Market: NASDAQ
Market Status: Public (Listed)
About the Company & Securities Data
"Company" information provides the industry and sector classification and headquarters state for the primary company-defendant in the litigation. In general, "Securities" information provides the ticker symbol, market, and market status for the underlying securities at issue in the litigation.
In most cases, the primary company-defendant actually issued the securities that are the subject of the litigation, and the securities information and company information relate to the same entity. In a small subset of cases, however, the primary company-defendant is not the issuer (for example, cases against third party brokers/dealers), and the securities information and company information do not relate to the same entity.
First Identified Complaint
William Reed, et al. v. QuinStreet, Inc., et al.
COURT: N.D. California
DOCKET #: 18-CV-02517
JUDGE: Hon. Jeffrey S. White
DATE FILED: 04/27/2018
CLASS PERIOD START: 02/10/2016
CLASS PERIOD END: 04/10/2018
PLAINTIFF FIRMS NAMED IN COMPLAINT:
The Rosen Law Firm, P.A. 333 South Grand Avenue, 25th Floor, The Rosen Law Firm, P.A., CA 90071 213.785.2610 213.226-4684 ·
First Identified Complaint (FIC) Filings:
Class Action Complaint for Violations of the Federal Securities Laws