SHAREHOLDER ALERT: LEVI & KORSINSKY, LLP Reminds Investors of Class Action Against Yelp Inc. & Its Board of Directors & a Lea...
September 11 2014 - 4:14PM
Business Wire
Levi & Korsinsky announces that a class action lawsuit has
been commenced in the United States District Court for the Northern
District of California on behalf of investors who purchased Yelp
Inc. (“Yelp” or the “Company”) (NYSE:YELP) securities between
October 29, 2013 and April 3, 2014.
For more information, click here:
http://zlk.9nl.com/yelp-yelp.
The complaint alleges that Yelp made materially false and
misleading statements regarding: (a) the true nature of its
‘firsthand’ experience and reviews appearing on its website; (b)
the robustness of its processes and algorithms purportedly designed
to screen unreliable reviews; and (c) the Company’s forecasted
financial growth prospects and the extent to which they were
reliant upon undisclosed business practices, including requiring
business customers to pay to suppress negative reviews.
If you suffered a loss in Yelp you have until October 6, 2014 to
request that the Court appoint you as lead plaintiff. Your ability
to share in any recovery doesn’t require that you serve as a lead
plaintiff. To obtain additional information, contact Joseph E.
Levi, Esq. either via email at jlevi@zlk.com or by telephone at
(212) 363-7500, toll-free: (877) 363-5972, or visit
http://zlk.9nl.com/yelp-yelp.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, Connecticut, and Washington D.C. The firm's 26
attorneys have extensive expertise in prosecuting securities
litigation involving financial fraud, representing investors
throughout the nation in securities and shareholder lawsuits.
Attorney advertising. Prior results do not guarantee similar
outcomes.
Levi & Korsinsky, LLPJoseph Levi, Esq.Eduard Korsinsky,
Esq.Tel: 212-363-7500Toll Free: 877-363-5972Fax:
866-367-6510www.zlk.com
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