Law Offices of Howard G. Smith Announces Continued Investigation of Bankrate, Inc.

  Law Offices of Howard G. Smith Announces Continued Investigation of
  Bankrate, Inc.

Business Wire

BENSALEM, Pa. -- March 13, 2013

The Law Offices of Howard G. Smith announces that it is investigating
potential claims on behalf of purchasers of Bankrate, Inc. (“Bankrate” or the
“Company”) (NYSE:RATE) securities concerning possible violations of federal
securities laws. The investigation focuses on allegations that certain
statements issued by the Company between June 16, 2011 and October 15, 2012
regarding Bankrate’s business, operations and prospects were false and
misleading.

Bankrate publishes, aggregates, and distributes personal finance content on
the Internet. Specifically, the investigation is related to Bankrate’s October
15, 2012 disclosure that its preliminary third-quarter revenue and earnings
were significantly below expectations due to transitions in its insurance lead
business. On this news, shares of Bankrate declined $3.24 per share, or
22.34%, to close on October 16, 2012 at $11.26 per share, on heavy trading
volume.

If you purchased Bankrate securities between June 16, 2011 and October 15,
2012, if you have information or would like to learn more about these claims,
or if you wish to discuss these matters or have any questions concerning this
announcement or your rights or interests with respect to these matters, please
contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070
Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215)
638-4847, Toll Free at (888) 638-4847, or by email to
howardsmith@howardsmithlaw.com, or visit our website at
http://www.howardsmithlaw.com.

Contact:

Law Offices of Howard G. Smith
Howard G. Smith, Esquire
(215) 638-4847
(888) 638-4847
howardsmith@howardsmithlaw.com
www.howardsmithlaw.com
 
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