SHAREHOLDER ALERT: Brower Piven Encourages Investors With Substantial Losses
From Investment in ValueClick, Inc. to Contact Brower Piven Before the
November 25, 2013 Lead Plaintiff Deadline -- VCLK
STEVENSON, Md., Sept. 25, 2013 (GLOBE NEWSWIRE) -- Brower Piven, A
Professional Corporation announces that a class action lawsuit has been
commenced in the United States District Court for the Central District of
California on behalf of purchasers of ValueClick, Inc. ("ValueClick" or the
"Company") (Nasdaq:VCLK) common stock during the period between February 14,
2013 and August 1, 2013, inclusive (the "Class Period").
If you have suffered a net loss from investment in ValueClick, Inc. common
stock purchased on or after February 14, 2013, and held through the revelation
of negative information on August 1, 2013, as described below, at no cost to
you, you may obtain additional information about this lawsuit and your ability
to become a lead plaintiff by contacting Brower Piven at www.browerpiven.com,
by email at email@example.com, by calling 410/415-6616, or at Brower
Piven, A Professional Corporation, 1925 Old Valley Road, Stevenson, Maryland
21153. Attorneys at Brower Piven have combined experience litigating
securities and class action cases of over 60 years.
No class has yet been certified in the above action. Members of the Class will
be represented by the lead plaintiff and counsel chosen by the lead plaintiff.
If you wish to choose counsel to represent you and the Class, you must apply
to be appointed lead plaintiff no later than November 25, 2013 and be selected
by the Court. The lead plaintiff will direct the litigation and participate in
important decisions including whether to accept a settlement and how much of a
settlement to accept for the Class in the action. The lead plaintiff will be
selected from among applicants claiming the largest loss from investment in
the Company during the Class Period.
The complaint accuses the defendants of violations of the Securities Exchange
Act of 1934 by virtue of the defendants' failure to disclose during the Class
Period that the Company was not experiencing organic growth, that the Company
was not effectively integrating certain of its acquisitions, that the Company
had failed to adequately record impairment of a note receivable, and that
persistent operational weakness in the Company's European operations and sales
was weighing down revenue growth. According to the complaint, following the
Company's August 1, 2013 disclosure that its second quarter 2013 financial
results were below expectations, the value of ValueClick shares declined
If you choose to retain counsel, you may retain Brower Piven without financial
obligation or cost to you, or you may retain other counsel of your choice. You
need take no action at this time to be a member of the class.
CONTACT: Charles J. Piven
Brower Piven, A Professional Corporation
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