NEW YORK, Aug. 9, 2013 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential securities fraud at Inteliquent, Inc. ("Inteliquent" or the "Company") (NASDAQ: IQNT).
The investigation focuses on whether Inteliquent and certain of its executives and/or directors violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
On August 8, 2013, the Company revealed that it would be postponing an earnings call scheduled later that day as a result of an ongoing investigation by the Audit Committee of its Board of Directors regarding Inteliquent's financial forecasting practices.Following this news, Inteliquent shares fell to close at $6.29 per share on August 8, 2013, a decline of $1.72 or over 21%. Request more information now by clicking here: www.faruqilaw.com/IQNT. There is no cost or obligation to you. Take Action If you invested in Inteliquent stock or options and would like to discuss your legal rights, visit www.faruqilaw.com/IQNT. You can also contact us by calling Richard Gonnello or Francis McConville toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to firstname.lastname@example.org or email@example.com. Faruqi & Faruqi, LLP also encourages anyone with information regarding Inteliquent's conduct to contact the firm, including whistleblowers, former employees, shareholders and others. 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. firstname.lastname@example.org Francis McConville, Esq. email@example.com Telephone: (877) 247-4292 or (212) 983-9330 SOURCE Faruqi & Faruqi, LLP
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