NEW YORK, Jan. 26, 2016 /PRNewswire/ -- Hynes
Keller & Hernandez, LLC is investigating potential claims
against the Board of Directors of Rocket Fuel, Inc. (NASDAQ: FUEL)
("Rocket Fuel" or the "Company") concerning possible breaches of
fiduciary duty arising from, among other things, the Company's
alleged issuance of false and misleading statements to
investors.
Specifically, it has been alleged that between September 20, 2013 and August 5, 2014, Rocket Fuel made false and/or
misleading statements regarding the Company's ability to eliminate
ad fraud and bot traffic in Rocket Fuel's advertising campaigns,
while nevertheless assuring investors and others that their
proprietary technology could "identify and eliminate all" such
threats.
Moreover, the officers and directors of Rocket Fuel failed to
adequately disclose the threats posed by fraudulent traffic in
Rocket Fuel's filings with the SEC in a manner that would have
warned investors that the Company's current and future financial
performance was in jeopardy. Ultimately, at various times, the
officers and directors of Rocket Fuel caused the Company to either
(i) overstate its ability to combat ad fraud; or (ii) understate
the gravity of the problem.
Click here for more information about our investigation of
FUEL:
http://hkh-lawfirm.com/investigations-cases/rocket-fuel-inc/
Hynes Keller & Hernandez, LLC is a national law firm
that represents institutional and individual investors. The
firm is focused on providing exemplary legal services in the area
of shareholder litigation. The firm has an experienced litigation
team which has achieved significant victories on behalf of the
firm's clients. You can visit our website at
www.hkh-lawfirm.com for more information. Attorney
advertising. Prior results do not guarantee similar outcomes.
If you hold shares in FUEL and would like to obtain additional
information about your legal rights and protect your investment,
please visit our website or contact the attorneys below.
There is no cost or obligation to you.
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Contact:
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Hynes Keller &
Hernandez,
LLC
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Hynes Keller &
Hernandez, LLC
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Ligaya T. Hernandez,
Esq.
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Beth A. Keller,
Esq.
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1150 First Avenue,
Suite
501
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100 South Bedford
Road, Suite 340
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King of Prussia, PA
19406
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Mount Kisco, NY
10549
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Telephone: (610)
994-0292
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Telephone: (914)
752-3040
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Email:
lhernandez@hkh-lawfirm.com
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Email:
bkeller@hkh-lawfirm.com
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SOURCE Hynes Keller & Hernandez, LLC