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.

Johnson & Weaver, LLPJim Baker, 619-814-4471jimb@johnsonandweaver.com

ROCKET FUEL INC. (NASDAQ:FUEL)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more ROCKET FUEL INC. Charts.
ROCKET FUEL INC. (NASDAQ:FUEL)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more ROCKET FUEL INC. Charts.