On or around 12/04/2018 (Notice of voluntarily dismissal)
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.
This case was voluntarily dismissed on December 4, 2018.
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.
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