Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses In Excess Of $100,000 Investing In Bankrate, Inc. (RATE) To Contact The Firm
NEW YORK, Sept. 16, 2014 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential securities fraud at Bankrate, Inc. ("Bankrate" or the "Company") (NYSE: RATE).
On September 15, 2014, Bankrate disclosed that the Securities and Exchange Commission ("SEC") had been investigating its financial reports for 2012. The Company further announced that its Chief Financial Officer is resigning.
Following this news, the price of Bankrate stock declined by $1.90 per share, or over 13%, to close on September 15, 2014 at $11.92 per share.
Request more information now by clicking here: www.faruqilaw.com/RATE. There is no cost or obligation to you.
Take Action
If you invested in Bankrate stock or options prior to September 12, 2014 and would like to discuss your legal rights, visit www.faruqilaw.com/RATE. You can also contact us by calling Richard Gonnello toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to [email protected]. Faruqi & Faruqi, LLP also encourages anyone with information regarding Bankrate's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action litigation. The firm is focused on providing exemplary legal services in complex litigation in the areas of securities, shareholder, antitrust and consumer litigation, throughout all phases of litigation. The firm has an experienced trial team which has achieved significant victories on behalf of the firm's clients. To keep track of the latest securities litigation news, follow us on Twitter at www.twitter.com/MergerActivity or on Facebook at www.facebook.com/FaruqiLaw.
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
FARUQI & FARUQI, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Richard Gonnello, Esq.
[email protected]
Telephone: (877) 247-4292 or (212) 983-9330
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SOURCE Faruqi & Faruqi, LLP
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