BALA CYNWYD, Pa., Nov. 7, 2013 /PRNewswire/ -- Law Office of Brodsky & Smith, LLC announces that a class action lawsuit has been filed in the United States District Court for the Central District of California on behalf of all those investors who purchased or otherwise acquired shares of ValueClick, Inc. (Nasdaq: VCLK) ("ValueClick" or the "Company") between February 14, 2013 and August 1, 2013, inclusive (the "Class Period").
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The Complaint alleges that the defendants made materially false and misleading statements, including failing to disclose that ValueClick was not effectively integrating certain acquisitions, ValueClick failed to adequately record impairment of a note receivable, and that operational weakness in its European operations and sales were weighing down revenue growth. Following ValueClick's announced 2013 second quarter financial results shares fell approximately 15%.
If you are a member of the class described above, you may, not later than November 25, 2013, move the Court to serve as a lead plaintiff of the class, if you so choose. If you purchased shares of ValueClick stock during the Class Period and wish to discuss this action, you may e-mail or call the Law Office of Brodsky & Smith, LLC who will, without obligation or cost to you, answer your questions. Please contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by visiting http://brodsky-smith.com/672-vclk-valueclick-inc.html, e-mail at firstname.lastname@example.org, or calling toll free 877-LEGAL-90.Brodsky & Smith, LLC is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.