ROCKET FUEL SHAREHOLDER ALERT: Johnson & Weaver, LLP Announces Investigation of Rocket Fuel Inc.; Long Term Investors Encoura...
January 26 2016 - 10:48AM
Business Wire
Johnson & Weaver, LLP, a shareholder rights law firm, is
investigating potential claims on behalf of investors of Rocket
Fuel Inc. (NASDAQ:FUEL). Rocket Fuel is a technology company that
provides artificial-intelligence digital advertising solutions.
Rocket Fuel faces a class action lawsuit filed on behalf of
shareholders who purchased stock between September 20, 2013 and
August 5, 2014 (the “Class Period”). The shareholder class action
alleges that during the Class Period, Rocket Fuel and certain of
its officers and directors misled investors by failing to disclose
that a large percentage of ads Rocket Fuel brokered were
being "viewed" by automated fraudulent computer programs that it
could not identify and eliminate, which placed its operations and
financial performance in jeopardy.
Prior to the class action lawsuit being filed, Rocket Fuel stock
traded as high as $71.89 per share, on January 25, 2016, however,
the stock closed at just $3.15 per share.
If you are a long-term shareholder of Rocket Fuel,
continuously holding shares you may have standing to hold the
Company harmless from the damage the officers and directors caused
by making them personally responsible. You may also be able to
assist in reforming the Company’s corporate governance to prevent
future wrongdoing.
If you are interested in learning more about the
investigation or your legal rights and remedies, please contact Jim
Baker (jimb@johnsonandweaver.com) at 619-814-4471. If
you email, please include your phone number.
Johnson & Weaver, LLP is a nationally recognized shareholder
rights law firm with offices in California, New York and Georgia.
The firm represents individual and institutional investors in
shareholder derivative and securities class action lawsuits. For
more information about the firm and its attorneys, please visit
http://www.johnsonandweaver.com. Attorney advertising. Past results
do not guarantee future outcomes.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160126006176/en/
Johnson & Weaver, LLPJim Baker,
619-814-4471jimb@johnsonandweaver.com
ROCKET FUEL INC. (NASDAQ:FUEL)
Historical Stock Chart
From Mar 2024 to Apr 2024
ROCKET FUEL INC. (NASDAQ:FUEL)
Historical Stock Chart
From Apr 2023 to Apr 2024