Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of QuinStreet Inc (NASDAQ: QNST) violated securities laws in connection with certain financial statements.
The investigation seeks to discover if possible claims on behalf of purchasers of the securities of QuinStreet Inc (NASDAQ: QNST) concerning whether a series of statements by QuinStreet Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On April 11, 2018, a report published by Kerrisdale Capital claimed that QuinStreet’s revenue growth is a “sham” and mainly the result of “malware redirects [and] bogus leads from web surfers trying to score [online currency.]”
Following this news, NASDAQ: QNST dropped $2.18 per share or over 17% to close at $10.14 per share on April 11, 2018.
Based in Foster City, California, and founded in 1999 QuinStreet Inc is an Internet performance marketing and media company, providing customer acquisition services for its clients globally.
If you purchased shares of QuinStreet Inc (NASDAQ: QNST) on or before April 11, 2018, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
Thieler Law Corp
2534 State Street - Suite 406,
San Diego, CA 92101
by
email: mail@thielerlaw.com
or
telephone at +1 (619) 377 - 4324
or
visit our website http://www.thielerlaw.com/
or
Facsimile: +1 (619) 785 – 3185