ValueClick SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Investors of Class
Action Against ValueClick and Its Board of Directors and a Lead Plaintiff
Deadline of November 25, 2013 -- VCLK
NEW YORK, Oct. 29, 2013 (GLOBE NEWSWIRE) -- Levi & Korsinsky announces that a
class action lawsuit has been commenced in the United States District Court
for the Central District of California on behalf of investors who purchased
ValueClick, Inc. ("ValueClick" or the "Company") (Nasdaq:VCLK) stock between
February 14, 2013 and August 1, 2013.
For more information, click here: http://zlk.9nl.com/valueclick-vclk/.
The complaint alleges that during the Class Period, defendants failed to
disclose and/or misrepresented the following: (a) that ValueClick was not
effectively integrating certain of its acquisitions; (b) that ValueClick had
failed to adequately record impairment of a note receivable; and (c) that
persistent operational weakness in ValueClick's European operations and sales
were weighing down revenue growth.
On August 1, 2013, ValueClick announced its second quarter 2013 financial
results for the quarter ended June 30, 2013, reporting Media sales for that
quarter that fell far below stated expectations. On this news, shares of
ValueClick fell approximately 15% the following day.
If you suffered a loss in ValueClick you have until November 25, 2013 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
email@example.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or
Levi & Korsinsky is a national firm with offices in New York, New Jersey,
Connecticut, and Washington D.C. The firm has 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.
CONTACT: Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
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